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NSE Jul 05, 2022 12:19 PM
National Aluminium Company declares Q4FY22 result:
Shri Sridhar Patra, CMD, NALCO, said that the results were driven by strong operational performance coupled with effective raw material procurement and sales strategy, cost saving measures, supported by positive business outlook, favourable LME price and uptick in global aluminium demand. Attributing the success to the teamwork and dedication of the employees, Shri Patra further said that the strategic decision with focus on optimizing production and productivity in spite of COVID restrictions has paid dividends. Shri Patra thanked the senior management team, all employees, unions and associations and all stakeholders for the unstinted support. He further expressed his gratitude to the Ministry of Mines, Government of India and Govt of Odisha, for their continuous support, without which this performance could not have been achieved.