NALCO Pays Record Rs 988.88 Crore Dividend to Centre for FY 2024–25
Since commencing commercial operations in 1987, NALCO has maintained a consistent record of profitability, declaring dividends every year since 1992.
Bhubaneswar: National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) under the Union ministry of mines, has declared a record total dividend of Rs 1,928.46 crore for the financial year 2024–25. Of this, the Government of India—holding a 51.28 per cent equity stake—received Rs 988.88 crore, marking the highest-ever dividend payout by the company.
NALCO Chairman-cum-Managing Director (CMD) Brijendra Pratap Singh presented the dividend cheque of Rs 988.88 crore to Union minister of coal and mines G. Kishan Reddy in New Delhi. Mines Secretary Piyush Goyal was also present on the occasion.
Since commencing commercial operations in 1987, NALCO has maintained a consistent record of profitability, declaring dividends every year since 1992. Cumulatively, the company has paid a total dividend of Rs 14,331 crore, of which Rs 9,556 crore has gone to the Government of India.
The aluminium major has demonstrated strong operational and financial performance during the first half of the current fiscal. Following its exceptional results in the second quarter of FY 2025–26—its best-ever quarterly and half-yearly performance to date—NALCO has announced an interim dividend of Rs 4 per equity share (80 per cent on a face value of Rs 5 each), amounting to Rs 734.65 crore for FY 2025–26.
Founded with the vision of harnessing India’s bauxite resources for national development, NALCO continues to be a key player in the country’s non-ferrous metals sector, contributing significantly to both industrial growth and the exchequer.