Aluminium & Aluminium Products company National Aluminium Company announced Q4FY23 & FY23 results: Highest-ever Bauxite excavation of 75.51 lakh tonne Alumina Hydrate production of 21.23 lakh tonne against a normative capacity of 21.0 lakh tonne, which is 101.1% capacity utilization Smelter plant achieves full capacity production of 4.6 lakh tonne, with 960 POTs in operation for the 2nd consecutive year Highest-ever annual metal sale of 4.64 lakh tonne including Highest-ever domestic metal sale Net profit of Rs 1,544 crore and the highest-ever revenue from operations pegged at Rs 14,255 crore for FY23 Net profit for Q4FY23 came in at Rs 522 crore against Rs 274 crore in Q3FY23 Shri Sridhar Patra, CMD, NALCO, said, "The results were driven further by strengthening operational and sales performance and supported by growth across all business units. The effective utilization of raw materials and cost-saving measures also contributed to the profit margin. We remain optimistic about the future and committed to continuing the company’s growth trajectory". "The focus of the company is now on early completion of the 5th Stream Refinery project and development of Pottangi Bauxite mines and Utkal D & E coal Blocks in Odisha. Operationalization of these mines shall play a pivotal role in offsetting the vulnerability to adverse market conditions, capitalizing on emerging opportunities, and shall deliver long-term value to our stakeholders", said Shri Patra. Result PDF