The aluminum making firm of US, Alcoa has posted profit because of the increased sales in the first quarter of this year. In the first quarter of this year the company has earned a profit of 136 million dollars.

The US firm had faced a loss of 454 million dollars just a year ago and a loss of 201 million dollars in the last three months of the previous year.

Despite of the price fall of aluminum, the sales of Alcoa rose by at least 25% reaching to 5.2 billion dollars from 4.2 billion dollars.

US's largest aluminum producer, Alcoa Inc., is expected to post Q1 profit on Monday. While this will be a positive figure, after a long time, the value will be lesser than what the analysts had expected.

Analysts fear that the profit figures will be as low as 47 per cent below the expectations, which were made just a month back.

The fall has happened since the increased costs have eaten into the benefits of rising metal costs.

Giant aluminum company, Alcoa Inc. posted its fourth quarter earnings report on Monday, and despite the fact that the firm had managed to trim down its losses during the period and sales went up, the end earnings were well below the estimates pegged by analysts.

For the fourth quarter, the company managed to pull down its losses to $277 Million, but after making all adjustments, Alcoa's final numbers showed a profit of a mere 1 cent per share. Experts were expecting that there would be earnings of a minimum of 5 cents a share.

On the news, the company's stocks also suffered, and in the after-hours trading lost 5% of their value.

New York - Alcoa Inc, the largest US aluminum producer, reported Wednesday second-quarter losses that were narrower than had been expected, but said sales had declined 41 per cent from the same period last year.

Net losses were 454 million dollars compared with net income of 546 million dollars in the same period last year, the New York-based company said.

The company shaved some losses by cutting production and workforce, Bloomberg financial news service reported.

Sales were down 41 per cent to 4.24 billion dollars.