Hindustan Copper Q3 profit declines 21% to Rs 63 cr

The company had posted a net profit of Rs 80.20 crore for the year-ago period, Hindustan Copper said in a filing to BSE.

PTI

February 13, 2024 / 18:21 IST

Hindustan Copper is under the administrative control of Ministry of Mines.

State-owned Hindustan Copper on Tuesday reported 21.44 per cent decline in consolidated net profit at Rs 63 crore for the quarter ended December 31, 2023 due to lower revenue from operations.

The company had posted a net profit of Rs 80.20 crore for the year-ago period, Hindustan Copper said in a filing to BSE.

Revenue from operations in the quarter dropped to Rs 399.29 crore from Rs 557.04 crore in the year-ago period.

Hindustan Copper is under the administrative control of Ministry of Mines.

PTI

first published: Feb 13, 2024 06:21 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347