NALCO BAGS HIGHEST EXPORT AWARD
National Aluminium
Company Ltd. (NALCO), a public sector unit of the Mines Ministry
received the highest export award of CAPEXIL for the year 2002-03.
This is the 16th time in succession that NALCO has
won this prestigious award.
Since inception,
NALCO has achieved spectacular success as the leading exporter
of alumina and aluminium. During the financial year 2002-03, the
company exported a record quantity of 10,37,287 tonnes of alumina
against 670,120 tonnes achieved in the previous year. During the
year, the company also exported 107,302 tonnes of aluminium metal
and achieved a total record export turnover of Rs. 1500.65 crore
during 2002-03. During the year 2002-03, the total sales turnover
was Rs. 2788.67 crore and the profit after tax was Rs. 520.92
crore.
The company is
marketing its products worlwide. With the expansion of alumina
and aluminium capacity, NALCO's export of alumina and aluminium
will help to increase its foreign exchange earnings and overseas
presence.
