Till 2018-19 fiscal, Rs 32,886 crore was paid towards taxes, duties, royalties and dividend. Out of this, Rs 25,917 crore was paid to the Central Government and Rs 6,969 crore to the state government, news
agency PTI reported. CLICK TO READ FULL REPORT
"Year 2018-19 has been an extremely rewarding year for NALCO
on all fronts. We have not only excelled in making production, profit, productivity and people engagement, we have also made exemplary contribution in promoting and putting focus on nature, nurture and future," Tapan Kumar Chand, CMD of the company, said on the sidelines of the AGM.
The aluminium giant posted highest-ever sales turnover and export earnings in 2018-19, while it earned highest ever PAT in last 10 years, he said adding the company achieved the best performance in a decade with Rs 1,732 crore net profit, a growth of 29 per cent over the previous year.
At the bourses, shares of Nalco
have underperfomed market by falling 32 per cent year-to-date (YTD) while the benchmark Nifty50 index has remained flat, down 0.20 per cent. The Nifty metal index, on the other hand, has lost around 24 per cent during the same period, ACE Equity data show.
At 09:51 am, the stock was trading 1.24 per cent higher at Rs 45.05 apiece on the BSE. In comparison, the benchmark S&P BSE Sensex was trading 202 points or 0.55 per cent lower at 36,362 levels.