Bhubaneswar, Nov 12: National Aluminium Company Limited (NALCO) has paid a record dividend of ₹1,928.46 crore for the financial year 2024–25, including the Government of India’s share of ₹988.88 crore—the highest-ever dividend paid by the company.

The dividend cheque of ₹988.88 crore for FY 2024–25 was handed over to G. Kishan Reddy, Union Minister of Coal and Mines by Brijendra Pratap Singh, CMD, NALCO, in New Delhi today, in the presence of Piyush Goyal, Secretary, Ministry of Mines.

Pankaj Kumar Sharma, Director (Production), and Abhay Kumar Behuria, Director (Finance), NALCO, along with senior officials of the Ministry, were also present on the occasion.

NALCO, which commenced commercial operations in 1987, has consistently earned profits and declared dividends since 1992. To date, the company has paid a cumulative dividend of ₹14,331 crore, of which ₹9,556 crore has been remitted to the Government of India, which currently holds 51.28% equity in NALCO.

It is noteworthy that during the first half of the current financial year, NALCO delivered robust physical and financial performance. Following the exceptional results in Q2 FY 2025–26, wherein the company achieved its best-ever quarterly and half-yearly performance, NALCO has declared an interim dividend of ₹4 per equity share (i.e., 80% on the face value of ₹5 each), amounting to ₹734.65 crore for FY 2025–26.