Bhubaneswar: National Aluminium Company Limited (NALCO) a Navratna PSE’s profit level is going down.
While during 2021-22, the Navratna CPSE, under the Ministry of Mines, Government of India, registering highest ever revenue from operations and highest ever net profit (PAT) of Rs 14,181crore and Rs. 2,952 crore respectively, in 2022-23 NALCO with a sales turnover of Rs.14,171 crore, net profit of Rs.1,544 crore.
This has come to fore In the 42nd Annual General Meeting held here today through Virtual mode, in which the shareholders of National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, have approved the Annual Accounts for in 2022-23 with a sales turnover of Rs.14,171 crore, net profit of Rs.1,544 crore.