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NALCO audited FY 2008 Net Profit at Rs 1631.52 Crores

Thursday, Jun 12, 2008
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National Aluminium Company Ltd (NALCO) has announced the Audited results for the year ended March 31, 2008.

The Company has posted a net profit of Rs 16315.20 million for the year ended March 31, 2008 as compared to Rs 23813.80 million for the year ended March 31, 2007. Total Income has decreased from Rs 63540.80 million for the year ended March 31, 2007 to Rs 55756.50 million for the year ended March 31, 2008.

The 27th Annual General Meeting of the Company will be held during August / September, 2008.

The stock closed the day at Rs.496.60, down by Rs.13.95 or 2.73%. The stock hit an intraday high of Rs.513 and low of Rs.486.10.

The total traded quantity was 78828 compared to 2 week average of 118075.

Source: Equity Bulls

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