Latest News | Hindustan Copper Q2 Net Profit Rises 67 Pc to Rs 102 Cr

New Delhi, Nov 11 (PTI) State-owned Hindustan Copper Ltd (HCL) on Monday reported a 67.4 per cent 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.

Also Read | Shillong Teer Results Today, November 11 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai.

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)..

Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for November 11, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game.

The company has the facilities for production and marketing of copper concentrate, copper cathodes, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric acid.

Presently, the company is focusing on mining and beneficiation operation and is primarily selling copper concentrate as the main product.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)