NALCO Pays Rs. 988.88 crore as dividend to Government of India for FY 2024-25

National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has paid a record dividend of ₹1,928.46 crore for the financial year 2024-25, including the Government of India's share of ₹988.88 crore - the highest-ever dividend paid by the Company. The dividend cheque of ₹988.88 crore for FY 2024-25 was handed over to Shri G. Kishan Reddy, Hon'ble Union Minister of Coal and Mines, Government of India, by Shri Brijendra Pratap Singh, CMD, NALCO, in New Delhi today, in the presence of Shri Piyush Goyal, IAS, Secretary, Ministry of Mines. Shri Pankaj Kumar Sharma, Director (Production), and Shri Abhay Kumar Behuria, Director (Finance), NALCO, along with senior officials of the Ministry and NALCO, were also present on the occasion. NALCO, which commenced commercial operations in 1987, has consistently earned profits and declared dividends since 1992. To date, the Company has paid a cumulative dividend of ₹14,331 crore, of which ₹9,556 crore has been remitted to the Government of India, which currently holds 51.28% equity in NALCO. It is noteworthy that during the first half of the current financial year, NALCO delivered robust physical and financial performance. Following the exceptional results in Q2 FY 2025-26, wherein the Company achieved its best-ever quarterly and half-yearly performance, NALCO has declared an interim dividend of ₹4 per equity share (i.e., 80% on the face value of ₹5 each), amounting to ₹734.65 crore for FY 2025-26.

Shares of National Aluminium Company Limited was last trading in BSE at Rs. 266.65 as compared to the previous close of Rs. 265.80. The total number of shares traded during the day was 1137882 in over 11372 trades.

The stock hit an intraday high of Rs. 269.20 and intraday low of 264.25. The net turnover during the day was Rs. 303621949.00.

Source : Equity Bulls

Keywords

NationalAluminiumCompany INE139A01034 NALCO Dividend GovernmentofIndia FY2025