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National Aluminium Company Limited (NALCO), the public sector aluminium major, has earned a net profit of Rs.790.31 crore during April to December, 2004 against a target of Rs.444.06 crore. The gross profit during the period was Rs.1,322.60 crore against a target of Rs.750.12 crore and net profit before tax was Rs.1,272.95 crore against a target of Rs.692.40 crore. The company's net profit has crossed the annual target of Rs.597.62 crore within the first three quarters of this financial year.
The gross sales turnover of the company during the first nine months of this financial year was Rs.3,124.49 crore against a target of Rs.2,643.15 crore. During this period, the total export earning was Rs.1,454.43 crore against a target of Rs.1,394.27 crore. This includes Rs. 0.60 crore from sale of special hydrate and Rs.0.13 crore from sale of zeolite.
The net profit of the company during December, 2004, was Rs.108.44 crore against a target of Rs.59.19 crore. Sales turnover during the month was Rs.469.29 crore against the target of Rs.317.56 crore.
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