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National Aluminium Company Limited pays Rs. 988.88 crore as dividend to union govt

Bhubaneswar, Nov 12: National Aluminium Company Limited (NALCO) has paid a record dividend of ₹1,928.46 crore for the financial year 2024–25, including the Government of India’s share of ₹988.88 crore—the highest-ever dividend paid by the company.

The dividend cheque of ₹988.88 crore for FY 2024–25 was handed over to G. Kishan Reddy, Union Minister of Coal and Mines, by Brijendra Pratap Singh, CMD, NALCO, in New Delhi today, in the presence of Piyush Goyal, Secretary, Ministry of Mines.

Pankaj Kumar Sharma, Director (Production), and Abhay Kumar Behuria, Director (Finance), NALCO, along with senior officials of the Ministry, were also present on the occasion.

NALCO, which commenced commercial operations in 1987, has consistently earned profits and declared dividends since 1992. To date, the company has paid a cumulative dividend of ₹14,331 crore, of which ₹9,556 crore has been remitted to the Government of India, which currently holds 51.28% equity in NALCO.

It is noteworthy that during the first half of the current financial year, NALCO delivered robust physical and financial performance. Following the exceptional results in Q2 FY 2025–26, wherein the company achieved its best-ever quarterly and half-yearly performance, NALCO has declared an interim dividend of ₹4 per equity share (i.e., 80% on the face value of ₹5 each), amounting to ₹734.65 crore for FY 2025–26.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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