(a) whether the National Aluminium Company(NALCO) has suffered losses;
(b) if so, the details thereof during each of the last three years and the current year, till
date; and
(c) the steps taken by the Government to improve the efficiency of NALCO?
(a) whether the National Aluminium Company(NALCO) has suffered losses;
(b) if so, the details thereof during each of the last three years and the current year, till
date; and
(c) the steps taken by the Government to improve the efficiency of NALCO?
MINISTER OF STATE IN THE MINISTRY OF MINES (DR. T.SUBBARAMI REDDY)
(a) to (c): National Aluminium Company Limited (NALCO) is a consistently profit making
Company. The net profit made by NALCO for the last three years and the current year is given
below:
Year Profit after tax (Rs. in crores)
2004-05 1,235 2005-06 1,562 2006-07 2,381 2007-08 447 (April-June`07)