NALCO Q3 results show revenue growth but stock drops 10%
after close1 source ↓written by the desknot a recommendation
- on 30 Jan
- 10%
- ₹4,731 cr
- EBITDA decreased
- 1.8%
- ₹2,182.3 cr
- margins narrowing
- 46.1%
Shares of National Aluminium Company Ltd. (NALCO) fell nearly 10% on 30 Jan after reporting Q3 revenue growth of 1.5% to ₹4,731 cr. EBITDA decreased by 1.8% to ₹2,182.3 cr, with margins narrowing to 46.1%. Despite cost reductions, the results met expectations but failed to lift investor sentiment.
Not investment advice. For informational purposes only.