OREANDA-NEWS. National Aluminium Company Limited (NALCO), the Navratna PSU under the Ministry of Mines, Govt. of India has declared a total dividend amount of Rs.322.15 crore (i.e. 25% of the Paid up Capital) for the financial year 2012-13. This includes the Govt. of India's share of Rs. 261.13 crore. It may be noted that since inception, NALCO has paid a total of Rs.4519.17 crore as dividend, including Rs.3920.73 crore as share of Govt. of India.

Out of Rs.261.13 crore payable to Govt. of India, the company has already paid Rs.156.68 crore as interim dividend. The cheque for final dividend amounting to Rs.104.45 crore was handed over to Shri Dinsha J. Patel, Union Minister of Mines, Govt. of India by Shri Ansuman Das, CMD, NALCO, in New Delhi today, in the presence of Shri R.H. Khwaja, IAS, Secretary, Shri R. Sridharan, IAS, Additional Secretary, Shri Arun Kumar, IAS, Joint Secretary, Shri D.S. Mishra, IAS, Joint Secretary and other senior officials of the Ministry and the directors of the company.

Meanwhile, the company has announced the results for the 2nd quarter ended September 2013. According to the reviewed financial results for the 2nd quarter of the financial year 2013-14, taken on record in the Board meeting held in New Delhi yesterday, NALCO has registered an impressive net profit of Rs.179 crore. The net sales is higher at Rs.1710 crore, as against Rs.1586 crore in the comparable quarter of the previous fiscal.