Bhubaneswar, Nov. 13 -- National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Mines, Government of India, has declared a record dividend of Rs.1,928.46 crore for the financial year 2024-25.
Out of the total dividend, the Government of India's share amounts to Rs.988.88 crore, marking the highest-ever dividend payment by NALCO.
The dividend cheque was handed over to union Minister of Coal and Mines, G. Kishan Reddy, by NALCO CMD Brijendra Pratap Singh at a ceremony held in New Delhi on Wednesday.
Since commencing commercial operations in 1987, NALCO has consistently demonstrated strong financial performance.
The company has been earning profits and declaring dividends every y...