NALCO Q3 results show revenue growth but stock drops 10%
pre-market1 source ↓written by the desknot a recommendation
- following the announcement
- 10%
- YoY
- 1.5%
- YoY
- ₹4,731 cr
- while EBITDA declined
- 1.8%
- with a narrowed
- ₹2,182.3 cr
Shares of National Aluminium Company Ltd. (NALCO) fell nearly 10% following the announcement of its Q3 results. Revenue increased 1.5% YoY to ₹4,731 cr, surpassing expectations, while EBITDA declined 1.8% to ₹2,182.3 cr with a narrowed margin of 46.1%. Despite cost reductions, the market reacted negatively to the overall performance.
Not investment advice. For informational purposes only.