NALCO preparing business model to earn additional Rs 935 crore
Updated : May 28, 2018 07:25 AM IST
The Angul Aluminium Park, set up through a joint venture by NALCO and the Odisha Industrial Infrastructure Development Corporation at Angul is expected to commence operations by 2019-20
During the 2017-18 financial year, the company achieved the highest net profit in the last 10 years of Rs 1,342 crore against Rs 669 crore in the previous year. In the fourth quarter, the company has earned a net profit of Rs 257.06 crore.