NALCO trades in green despite reporting drop in Q4 net profit

National Aluminium Company is currently trading at Rs 42.15, up by 0.30 points or 0.72% from its previous closing of Rs 41.85 on the BSE.

The scrip opened at Rs. 41.85 and has touched a high and low of Rs. 42.75 and Rs. 41.75 respectively. So far 105486 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 49.60 on 02-Jun-2015 and a 52 week low of Rs. 28.00 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 43.65 and Rs. 41.15 respectively. The current market cap of the company is Rs. 10850.17 crore.

The promoters holding in the company stood at 80.93%, while Institutions and Non-Institutions held 12.15% and 6.92% respectively.

National Aluminium Company has posted a fall of 41.40% in its net profit at Rs 207.94 crore for the quarter ended March 31, 2016 as compared to Rs 354.87 crore for the same quarter in the previous year. However, total income of the company has increased by 3.40% at Rs 2030.15 crore for quarter under review as compared to Rs 1963.31 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the company has posted a fall of 44.70% in its net profit at Rs 731.01 crore as compared to Rs 1321.85 crore for the same period in the previous year. Total income of company decreased 8.73% at Rs 7352.57crore for year under review as compared to Rs 8055.45 crore for the period ended March 31, 2015. For the year ended March 31, 2016, on the consolidated basis, the company has posted a fall of 44.70% in its net profit at Rs 731.01 crore as compared to Rs 1321.9 crore for the same period in the previous year. Total income of company has decreased by 8.73% at Rs 7352.64 crore for year under review as compared to Rs 8055.53 crore for the period ended March 31, 2015.

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