Hindustan Copper Limited (HCL) reported a significant 67.4% increase in its consolidated net profit, reaching Rs 101.67 crore for the quarter ending September 30, 2024. This growth was driven by higher revenue from operations. In comparison, the company had posted a consolidated net profit of Rs 60.70 crore during the same period last year, according to a filing with the Bombay Stock Exchange (BSE).
The company’s revenue from operations surged to Rs 518.19 crore for the July-September quarter, up from Rs 381.40 crore in the corresponding quarter of the previous fiscal year.
Hindustan Copper Ltd, which operates under the administrative control of the Ministry of Mines, is a leading player in copper ore mining. It holds all operating mining leases for copper ore and stands as the only integrated producer of refined copper in the country.
