NALCO Eyes UK Market Amid Zero Duty Benefits; US Tariff Hike to Have No Impact

National Aluminium Company Limited (NALCO) reported a strong Q1 FY26 profit surge and announced expansion plans while confirming that the recent US tariff hike will not impact its business. Instead, the company is focusing on opportunities in the UK, supported by zero-duty benefits, as per news reports.

Focus on UK Market Over US

Addressing the impact of global trade policies, CMD Brijendra Pratap Singh clarified that the recent US tariff hikes on aluminium will have no impact on NALCO’s operations. Instead, the company is actively shifting focus toward the United Kingdom, where aluminium exports enjoy zero-duty benefits.

Singh highlighted the UK’s booming electric vehicle and solar panel industries, both of which are heavily dependent on aluminium. This positions the country as a strategic growth market for NALCO in the coming years.

Strong Financial Performance in Q1 FY25-26

National Aluminium Company Limited (NALCO) delivered impressive financial results in the first quarter of FY25-26. The company’s standalone net profit rose 77% year-on-year, reaching ₹1,064 crore compared to ₹601 crore in the same period last year. Revenue from operations also climbed to ₹3,807 crore, driven by robust growth in both domestic and export markets.

NALCO also achieved its highest ever domestic sales of alumina and aluminium during the quarter, highlighting strong demand across sectors.

Expansion Plans: Pottangi Mines to Start by June 2026

NALCO is gearing up to commence operations at its Pottangi bauxite mines in Odisha’s Koraput district by June next year. This will supplement its existing mining and refining infrastructure:

• Panchpatmali Bauxite Mines – 7.5 million tonnes per annum (MTPA) capacity
• Alumina Refinery (Damanjodi) – 2.1 MTPA capacity
• Aluminium Smelter (Angul) – 0.46 MTPA capacity supported by a 1,200 MW captive power plant

These expansions are aligned with India’s growing aluminium demand, particularly in infrastructure, renewable energy, and automobile sectors.

NALCO Share Price Performance

NALCO’s stock was trading at ₹192.15, marking a 0.44% gain at 3:10 PM on the NSE from its previous close of ₹191.31. During the day, the stock moved within a range of ₹189.75 to ₹192.63, with a VWAP of ₹191.56.

Read More: Best Metal Stocks in August 2025: NALCO, Vedanta and More - Based on 5-Yr CAGR.

Conclusion

NALCO’s strategy to focus on the UK market with zero-duty access, coupled with record profits and upcoming expansion through the Pottangi mines, underscores its resilience against global tariff changes.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.