NALCO Q1FY25 results, PAT drops 41% YoY
![NALCO Q1FY25 results, PAT drops 41% YoY](https://www.psuconnect.in/sdsdsd/36caeb91-528e-4609-862a-2c8a448ea4e2_20240813_132300_0000.jpg)
State-owned NALCO reported the consolidated revenue for Q1FY25 as Rs 2,856 crore, down 20.2% from Rs 3,579 crore in Q1FY24.
The company's Profit after Tax (PAT) dropped 41% year-on-year to Rs 588 crore, against Rs 997 crore in Q1FY24. NALCO's Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) fell 15.6% YoY to Rs 934 crore, against Rs 1,108 crore in Q1FY24. However, EBITDA margin grew 176 bps to 32.7% in Q1FY25 from 30.9% in Q1FY24.
The company has a market cap of Rs 31,994 crore as per BSE analytics. The company is a constituent of BSE 500. The stock's 52-week movement indicates a high of Rs 209.60 and a low of Rs 86.23.
Read Also : Oil India launched flagship CSR initiative, Project ‘OIL ASHA’The company has recommended a final dividend of Rs 2 per share (40% on face value of Rs 5 each) for the financial year 2023-24 in the board meeting held today, August 12.
The above final dividend is in addition to the 1st interim dividend of Re.1/? per share and 2nd interim dividend of Rs.2/? per share (Total of Rs.3/? i.e. 60% on the face value of Rs.5/? each) already paid during the financial year 2023-24. The company will declare the record date for the dividend in due course.
Shares of NALCO dropped 1.69 per cent on BSE, Monday, August 12, to Rs 174.20 per share, against the previous day close at Rs 177.20 per share. The session's intra-day high and low remained at Rs 177.50 and Rs 169.35.
Read Also : OIL, OVL & KABIL sign MoU with IRH, UAE for Global cooperation in Critical Mineral supply chainNews Must Read
- IREDA Signs MoU with SJVN and GMR for 900 MW Hydropower Project in Nepal
- IREDA Signs MoU with SJVN and GMR fo Hydro Project in Nepal
- SJVN CMD visited 1320 MW Buxar Thermal Power Project
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL