NALCO Q3 net up 28%

NALCO reported a 28.41% rise in net profit after tax of Rs 393.03 crore for the quarter ended December 31, 2005.

State-owned National Aluminium Company Ltd (NALCO) on Friday reported a 28.41 per cent rise in net profit after tax of Rs 393.03 crore for the quarter ended December 31, 2005 as compared to Rs 306.07 crore for the same quarter in 2004-05.

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Total income (net of excise) has increased 21.97 per cent to Rs 1379.36 crore for the third quarter in current fiscal from Rs 1130.83 crore in the year-ago period, the company informed the Bombay Stock Exchange.