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NLC India Limited and National Aluminium Company Limited announced the incorporation of a joint venture company, NLC NALCO Power Limited, in India, with a 50:50 equity participation to develop a 1080 MW thermal captive power plant in phases, intended to meet NALCO’s power requirements, following approval from the Ministry of Coal and compliance with DIPAM guidelines.

NLC India Limited informed the National Stock Exchange of India Ltd. and BSE Ltd. that the trading window for the un-audited financial results for the quarter and half year ending on September 30, 2026, will be closed from September 30, 2026, until 48 hours after the results are declared, as per the company’s code of internal procedures.

NLC India Limited announced that Dr. Prasanna Kumar Acharya, currently Director (Finance), has been appointed as Chairman cum Managing Director for a period of five years, effective September 17, 2026, succeeding Shri Sanoj Kumar Jha, who was holding the additional charge. Dr. Acharya relinquished his position as Director (Finance) and CFO on the same date, and brings nearly three decades of experience from organizations including GRIDCO, NTPC, and Tata Power.

NLC India Limited announced that Dr. Prasanna Kumar Acharya, currently Director (Finance), has been appointed as Chairman cum Managing Director for a period of five years, effective September 17, 2026, succeeding Shri Sanoj Kumar Jha, who was holding the additional charge. Dr. Acharya relinquished his position as Director (Finance) and CFO on the same date, and brings nearly three decades of experience from organizations including GRIDCO, NTPC, and Tata Power.

Net profit of NLC India declined 39.28% to Rs 484.27 crore in the quarter ended June 2026 as against Rs 797.59 crore during the previous quarter ended June 2025. Sales rose 23.29% to Rs 4716.75 crore in the quarter ended June 2026 as against Rs 3825.61 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales4716.753825.61 23 OPM %31.2024.43 - PBDT1317.471132.92 16 PBT651.55593.60 10 NP484.27797.59 -39 Powered by Capital Market - Live News