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This Article is From Nov 12, 2014

Nalco Q2 Net Profit Up 91 Per Cent at Rs 342 Crore

New Delhi: Nalco on Wednesday reported a 91 per cent jump in net profit at Rs 341.52 crore for the second quarter that ended on September 30, 2014, on higher income.

The state-run aluminium maker had clocked a net profit of Rs 179.17 crore for the corresponding period a year ago, it said in a filing to the BSE.

Total income rose to Rs 1,996 crore from Rs 1,738 crore in the year-ago period.

Total expenses of the company rose to Rs 1,625 crore from Rs 1,599 crore last year. Tax expenses also increased to Rs 198 crore from Rs 83 crore.

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