Key Quantitative Figures & Financial Results (Standalone)

Profit & Loss Statement (₹ crore):

  • Revenue from Operations: Q2 FY27: ₹5,419.44; H1 FY27: ₹10,721.82 (H1 FY26: ₹8,099.28)
  • Other Income: Q2 FY27: ₹248.08; H1 FY27: ₹421.38
  • Total Income: Q2 FY27: ₹5,667.52; H1 FY27: ₹11,143.20
  • Profit Before Tax (PBT): Q2 FY27: ₹2,471.34; H1 FY27: ₹5,160.24 (H1 FY26: ₹3,324.50)
  • Tax Expense: Q2 FY27: ₹636.25; H1 FY27: ₹1,322.77
  • Profit for the Period: Q2 FY27: ₹1,835.09; H1 FY27: ₹3,837.47 (H1 FY26: ₹2,497.03)
  • Earnings Per Share (EPS) (Basic & Diluted): Q2 FY27: ₹9.99; H1 FY27: ₹20.89

Segment-wise Revenue (H1 FY27, ₹ crore):

  • Aluminium: ₹8,353.36
  • Chemicals: ₹3,262.50

Balance Sheet (Standalone, as of 30-09-2026, ₹ crore):

  • Total Assets: ₹30,531.30
  • Total Equity: ₹25,152.42
  • Total Liabilities: ₹5,378.88

Dividend Declaration

  • The Board approved an Interim Dividend of ₹4.50 per equity share (90% on the face value of ₹5 each).
  • The total payout amounts to ₹826.48 crore on a paid-up equity share capital of ₹918.32 crore.
  • Record Date for determining shareholder eligibility: 06 November 2026.
  • Dividend payment will be made on or before 01 December 2026.
  • The company reminded shareholders that dividend income is taxable and TDS will be deducted at prescribed rates. Requests for lower/nil TDS must be submitted with PAN by 09 November 2026.

Emphasis of Matter by Auditors

The joint statutory auditors, SRB & Associates and BM Chatrath & Co LLP, issued a review report with an Emphasis of Matter regarding Note 6/7 of the financial statements.

  • The company has not recognized revenue from two wind power plants (WPP) in Rajasthan.
  • This is due to the non-execution of a fresh Power Purchase Agreement (PPA) with the State Government of Rajasthan since 01 April 2019.
  • The matter is sub-judice before the Hon'ble High Court of Rajasthan based on a writ petition filed by the company.
  • The auditors' conclusion on the financial results is not modified because of this matter.

Consolidated Results & Joint Ventures

The unaudited consolidated financial results include the company's share of net profit/(loss) from four Jointly Controlled Entities (JCEs):

1. Angul Aluminium Park Private Limited

2. GACL-NALCO Alkalies & Chemicals Private Limited

3. Utkarsha Aluminium Dhatu Nigam Limited

4. Khanij Bidesh India Limited

  • The review report states that the interim financial results of three JCEs were not reviewed by the auditors and were incorporated based on management certification. The company's share of net loss from these three was ₹(2.53) crore.
  • The results of one JCE were reviewed by another auditor. The company's share of net profit from this entity was ₹3.25 crore.
  • Consolidated Profit for the Period (H1 FY27): ₹3,838.19 crore

Other Disclosures

  • The financial results were approved by the Board of Directors in the absence of an Audit Committee.
  • For FY 2025-26, a final dividend of ₹1.00 per share was paid on 28 September 2026. The total dividend for FY26 was ₹11.50 per share (₹2,112.12 crore total payout).
  • Captive coal consumed for power generation is now reported under "Cost of power and fuel consumed". Previous period figures have been regrouped for comparability.
  • The Board meeting commenced at 1700 Hours and concluded at 2000 Hours on 02 November 2026.

Contacts & Signatories

  • Company Secretary & Compliance Officer: Bharat Kumar Sahu (ACS: 9953)
  • Chairman-cum-Managing Director: Brijendra Pratap Singh