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Hindustan Copper Ltd Q1FY25; 140% rise in Profits

Incorporated in the year 1967, Hindustan Copper Limited (HCL) was formed to take over from National Mineral Development Corporation Ltd. It is the first Indian PSU and only vertically integrated copper producing company. HCL is engaged in various processes right from copper mining to the final stage of converting copper into saleable products.

Financial Results:

Hindustan Copper Ltd reported Revenues for Q1FY25 of ₹494.00 Crores up from ₹371.00 Crore year on year, a rise of 33.15%.

Total Expenses for Q1FY25 of ₹346.00 Crores up from ₹323.00 Crores year on year, a rise of 7.12%.

Consolidated Net Profit of ₹113.00 Crores up 140.43% from ₹47.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.17, up 138.78% from ₹0.49 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Minerals
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