NALCO - lowest cost producer of alumina and bauxite

Good set of results from NALCO, aluminium division reported 14.7% YOY growth in sales. Chemicals division de-grew in revenues by 14.5%, however margins were higher resulting in similar PBT compared to last year. Both divisions are in black now. Good cashflow generation leads to slightly higher cash balance (~2090 cr.; increased by ~100cr.).

Dislosure: Invested (position size here)

6 Likes