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Nalco Q3 profit up 65 percent

February 1, 2011 by krishna  
Filed under Delhi, Newz, Results

Nalco Q3 profit upNalco Q3 profit up

State-run National Aluminium Company Limited (NALCO) Monday said its Q3 net profit registered 65 percent rise over the corresponding period in the previous fiscal due to lower operating cost and recovery of metal prices. The company has registered in Q3 a net profit of Rs.256 crore (about $55 million) up 65 percent from Rs.155 crore achieved during the corresponding quarter of the previous fiscal, the company said here in a statement