Hindustan Copper

Hindustan Copper, a state-owned enterprise, announced a 21.44% decrease in its consolidated net profit to Rs 63 crore for the quarter ending December 31, 2023, attributed to reduced revenue from operations.

According to a filing with the BSE, the company’s net profit for the same period last year stood at Rs 80.20 crore.

Revenue from operations during the quarter declined to Rs 399.29 crore from Rs 557.04 crore in the corresponding period last year.

Hindustan Copper operates under the administrative jurisdiction of the Ministry of Mines.

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