Hindustan Copper Q2 net profit rises 67% to Rs 102 crore

New Delhi: State-owned Hindustan Copper Limited (HCL) on Monday reported a 67.4 percent rise in consolidated net profit to Rs 101.67 crore for the quarter ended September 30, 2024, on the back of higher revenue from operations.

The company had posted a consolidated net profit of Rs 60.70 crore in the year-ago period, HCL said in a filing to BSE.

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Revenue from operations of the company in the July-September period rose to Rs 518.19 crore from Rs 381.40 crore in the corresponding quarter of previous fiscal.

Hindustan Copper Ltd (HCL) is under the administrative control of the mines ministry. It is engaged in mining of copper ore and owns all the operating mining lease of copper ore and is also the only integrated producer of refined copper (vertically integrated company).

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