Hindustan Copper Ltd (HCL) has reported their Q4 results for FY11. They posted a 33.54% drop in their net profit at Rs 61 crore as compared to Rs 91 crore last year same period. Their topline decreased to Rs 285 crore as against Rs 408 crore.
BL Bagra, the director finance of the company, told CNBC-TV18 that a price revision in raw materials is urgently needed to ease some of the pressures the company is facing.
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