NALCO Q2 results: profit rises 28% to Rs 1,835 crore; Rs 4.50 interim dividend

National Aluminium Company Ltd (NALCO) reported a standalone profit of Rs 1,835 crore for the quarter ended 30 September 2026 (Q2 FY27), up 28% from Rs 1,433 crore a year earlier. The NALCO Q2 results were approved by the board on 2 November 2026. The board also declared an interim dividend of Rs 4.50 per share, with a record date of 6 November 2026.

NALCO Q2 results: key numbers

The table uses standalone figures in Rs crore.

Measure (Rs crore)	Q2 FY27	Q2 FY26	Change
Revenue from operations	5,419	4,292	26%
Total income	5,668	4,444	28%
Profit before tax	2,471	1,895	30%
Profit after tax	1,835	1,433	28%
Earnings per share (Rs)	9.99	7.80	28%

Against the June quarter, profit was lower: it fell about 8% from Rs 2,002 crore, as profit before tax slipped from Rs 2,689 crore.

Aluminium drives the growth

NALCO reports two segments, aluminium and chemicals. Chemicals is mainly alumina, the raw material that is smelted into aluminium.

• Aluminium: revenue rose 45% to Rs 4,165 crore, and the segment result rose 73% to Rs 2,058 crore.
• Chemicals: revenue fell 8% to Rs 1,693 crore, and the segment result fell 55% to Rs 282 crore.

So the quarter’s growth came almost entirely from aluminium. The filing does not give sales volumes or realised prices, so it does not show how much of the gain came from price and how much from volume.

Dividend and record date

The interim dividend of Rs 4.50 is 90% of the Rs 5 face value. The record date is Friday, 6 November 2026, and the company says it will pay the dividend on or before 1 December 2026. Shareholders on the register on the record date are eligible. Other dividends with the same record date include NTPC’s.

What to watch next

Watch whether the aluminium segment holds its earnings in the December quarter, and whether the chemicals segment recovers from the drop seen this quarter. For more company numbers, see more results news.