NALCO Q3 net declines to 42.46%

New Delhi, Jan 29 (UNI) Public sector aluminium firm National Aluminium Company Ltd (NALCO) today said its net profit has declined 42.46 per cent to Rs 329.44 crore for the quarter ended December 31, 2007 as compared to Rs 572.6 crore for the same period a year ago.

Total income also decreased 19.34 per cent to Rs 1247.26 crore for the Q3 FY2007-08 from Rs 1546.4 crore for the same quarter a year ago.

Nalco has also approved payment of 40 per cent interim dividend on the paid-up equity share capital of Rs 644.31 crores for the fiscal 2007-08.

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