National Aluminium Company Limited has informed the Exchange about Transcript of the Earnings Conference call held on 08.08.2025.

NALCO reported strong Q1 FY26 results with revenue up 33% YoY and profit after tax (PAT) up 77% YoY. The board has recommended a final dividend of Rs. 2.50 per share. Physical performance improved across segments: bauxite production grew 6.6%, alumina hydrate jumped 35% (base effect), aluminium metal grew 3%, and power grew 6%. The company highlighted that it is the lowest-cost producer of bauxite and alumina for the past 7-8 years, with alumina cost of production at Rs. 20,000-21,000 per ton and realisation around $416/ton in Q1. Management reaffirmed that the 5th stream alumina refinery is at 74-75% physical progress, with mechanical completion by March 2026 and commercial production starting June 2026, targeting ~5 lakh tons in FY27. The Pottangi bauxite mine will add 3.5 million tons of capacity by mid-2026. The brownfield 0.5 million ton smelter expansion is in DPR preparation stage, with a consultant to be appointed in 2-3 months and DPR ready in 7-8 months.