Nalco Q1 net profit plunges 76 pc to Rs 126 cr

Written by Agencies | Mumbai | Updated: Jul 31 2009, 23:44pm hrs
National Aluminium Company Ltd (NALCO) reported a fall of 76 per cent in its net profit to Rs 126.45 crore for the first quarter ended June 30, over the corresponding period a year ago.

Total income of the company also fell to Rs 1,036.50 crore during the April-June period of current fiscal from Rs 1,593.70 crore of the same quarter last year, Nalco said in a filing to the Bombay Stock Exchange (BSE).

Shares of Nalco today settled at Rs 293.40, up 5.15 per cent from its previous close on the BSE.