arert NALCO BY SPEED POST NBC/S/4.5/2016/\SO Date : 11-02-2016 | Shri $.Subramanian, DCS - CRD BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street ‘Mumbai - 400 001 Fax Nos. : 022-2272 3121/3719/2037/2039/2041/2061 Dear Sir, Sub: Unaudited Financial Results for the quarter and nine months ended 31-12-2015. 3.0 This has reference to the correspondence resting with our letter No. NBC/S/4.5/2016/107 dtd. 01-02-2016 on the above subject. 4.0 In terms of Regulation 33 of SEBI (LODR) Regulations, 2015, please find enclosed a Copy of the Unaudited Financial Results for the quarter and nine months ended 31-12-2015. These were taken on record by the Board of Directors in their meeting held on 11-02-2016. Necessary publication is also being made on local & English dailies. 2.1 Enclosed also please find a copy of Limited Review Report given by the Statutory Auditors on the Unaudited Financial Results of the Company for the quarter ended 31-12-2015. Thanking you, Yours faithfully, For National Aluminium Co, Ltd. ow ya -N. RAVINDRA) ED-COMPANY SECRETARY Encl : As above. «Serre usar cpaaett feafiree ~National Aluminium Company.Limited ee pepe ATSC (A Government of India Enterprise) GmeE TERETE KegD € CORPORATE OFFICE sree das, TATE Nalco’ Bhawan, a 1 HATE -751 013 FT piotNo,P/1,Nayapall,Bhubaneswar-751013, IndiaNATIONAL ALUMINIUM COMPANY LIMITED PARTI RE Gey ‘Statement of Unauclted Resulla forthe Quarter and Nine Months Ended SINUS Pacis ‘Quarter ‘Nine Months ended | Year brad ‘SaROTE | sovoeme0is | sAzevIs | SizaoKs | siiazora | SioazoTS ‘(Weausted) [(Unaueited) | (Unauclted) | (Unaudited) | (Unausited) | (Audied "|inconie Wom operations (@) Net sales/ncome fiom operations {Net of excise duty) 1e1s97| 1.72040] 187681] sacar] 5.48344] 7,261.90 {() Other operating income s920| "3471 za1s}"75.47| 98.12] ‘s2o08 {Total income from operations (net) 193526 | 1.816.11/ 1.90800] agsice] ssa1s5] 7,382.81 2} Expenses (2) Cost of matrets consumed soss7) —asze7| 25134] aissi} 77825] 1081.50 (©) Power and Fue! sos] 4sz80] 447.17] s4zes7| 1.37215 ts0228 (@) Changes in inventories of ished goods, ‘work-in-progress and slockinerade 4809] 1.79} @2an)—ts779] san) 2.90 i (8) Employee benefts sa7a7} 33053] saazt] 103374] 08101] 377.1 | (6) Depreciation and amortisation expenses to460) 1727/1650] ‘s10.80/ “ais 77| —at3.68 (Other expenses seco] e748] sea.04]. 1.15001] 1.14725] 142.15 i Total expenses 160352| 1.58306] 1.49529) | 4/853.13) 41933] — Goa0.4s | | s|Profit (Loss) trom operations before other j income, finance costs and exceptional items (1-2) 3174] 23008] 41071] asst] 962.23] 1,292.36 slotner income t2da2| 12800/ 15161] 38078) stoss| —“e7z.64 5}Profit/ (Loss) from ordinary activities before finance costs and exceptional items (3 + 4) 185.76] 3800s] 56232] 709.29) 147281] 1,065.00 6|Finance costs, _ - = 121 : : || 7}Proft (Los) from ordinary activities after i finance costs but before exceptional items (5-6) 18576| 358.05] s62.32| 7e8.08} 147281 | 1,968.00 8]Exceptional tems 345) - - (63.48) - (48.42) | | slpront (Loss rom ordinary activities before tax (7-8 ) 20g21| sseo5| —sez.g2] sats} ta7z.81| — 2ti3.42 |} t0lTax expense: 76.72 131.01 207.85 298.46 ‘505.83 ‘791.57 | | 44]Net Profit/ (Loss) from ordinary activities after tax(8-40) | 13349) 226.14] 36447] 523.07| sae.e8] — a2tes 12)ecraorainary tems (net of tax expense ) - 2 - ~ : : 413]Net Profit/ (Loss) for the period (11 + 12) 1349] 22514] asa47} 52307] oven] 321105 +4)Paid-up equty share capital 120862] 1.26862] 1,288.62] 1,288.82| 1.20882] 128862 (Face Valve of Rs.5- per Share) 15]Resenve excusing Revaluation Reserves 2s 11,508.32 per balance sheet of previous accounting year 416|Earnings per share (of Re 6t- each) (not annualised): (e) Basic 082 08 138 2.03 375 513 {b) Dikted os2 088 138 2.03 375 513 |See accompanying note to the nancial resultsSegmentwise Revenue, Results and Capital Employed (Rs. in Crore) Of Particulars ‘Quarier Ended Nine Months ended | Year ended No, 3I/AOIS | 30/09AO1s | sVizAOI | SIAzMO1S | 31/122014 ] 31/03/2015. ; (Unaudited) | (Unaueited) | (Unaudited) | (Unaudited) | (Ungudited) | - (Audited) 7 2 3 4 5 6 7 8 1 [Segment Revenue ls) Chemicals 933.70) 1,031.33) 985.77] 2.73493) 2,925.21] 3,884.92 fb) Atuminium 1iz236] 1150.58] 1.27266] 3.31520] 3.59397] ss0735, |e) Unallocated Common 31 2199 5.92 42.37 49.69 582 Total: 2,062.63 | 2,203.90] 226435 | 609250 6.0887) 8,750.48 Less: Inter segment revenue 446.66 | __ 423.50] 38754] 1.22603] __1.085.43, 488.38 INet sales /Income from operations 1615.97} 1,780.40] 1,87681| 4,866.47 | 5,483.44] 7,261.90 | | 2 [Segment Results : | [Profit before tax and interest : la) Chemicals 25650| 322.26] 33608 75025) 851.66] 1,099.35 (| fe)Atuminiom 13237) __qu.99} 149.13] @573}__27558 $87.99 | ‘Sub-total : 124.13) 211.21 485.21 492.94] 1,127.24) 1,687.34 Less: Interest & financing charges : : : 121 7 |Add: Other unallocated income net of unallocated expenses 508 | __ 146 miu|__ 32980] __345.57 426.08 ‘Total Profit before Tax : 20921} 35805] 562.32] sais3) agi] 2,113.42 | | 3 |Capitat Employed (assets - abilities) ls) Chemicals 2,929.54] 3,030.01 2,920.50] 3,039.01] 3,063.88 |] fey Atuminium 3,964.87] 3,66551| —3,907.09| 3,665.51] 4,071.61 | Jc) Unallocated Common 1382.17 | _7,217.52 1,382.01 | _7,217.52 | __6,767.08 Total : 14,409.60 | "14,276.58 | 13,922.04 |" 14,409.60 | 13,922.04 | 13,902.57 Notes: 1) Above financial results have been examined by Audit Committee and approved by the Board in the meeting held on 11th February, 2016. 2) The financial results have been reviewed by the statutory auditors as required under regulation 33 of Listing Regulations, 2015. 3) During the quarter, the Company has received an amount of Rs.53.45 crore (8.05 million USD) towards final settlement of Risk and Cost claim from Mis Peak Chemicals due to non supply of Caustic soda to Refinery plant. Being an income out of litigation settlement for earlier year, the income is recognized as exceptional item. 4) Vide Gazette notification dated Ist October 2015, the rate of Electricty Duty has increased from Rs. 0.20 paise per unit to Rs.0.30 paise per unit effective from 1st October 2015. This has led to increase in expenditure by Rs.18.20 crore during the quarter, ‘5) Figures pertaining to previous periods have been regrouped and rearranged, wherever necessary. Place : Bhubaneswar ¢ Kan Dated : 11th February, 2016 (Chairman-cum-Managing DirectorABP & ASSOCIATES ‘GUHA, NANDI & CO. Chartered Accountaiits Chartered Accountants 1A, Bapuiji Nagar, Commerce House, Bhubaneswar-751 009 S* Floor, Room 8D & E, 2A, Ganesh Chandra Avenue, Kolkata-700 013 Limited Review Report To ‘The Board of Directors, National Aluminium Company Limited ‘Bhubaneswar 1, We have reviewed the accompanying statement of unaudited financial results of National Aluminium ‘Company Limited for the quarter and nine months ended 31% December 2015. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibilty is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 3, Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results read together with notes thereon, prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in ‘which itis to be disclosed, or that it contains any material misstatement, For ABP & Associates For Guba, Nandi & Co, Chartered Accountants Chartered Accountants, (. SU FRN: 302039E l (CA Bimat Kumar Chandi Parmer AY Date _: 11.02.2016