Hindustan Copper : Public sector Hindustan Copper Limited's consolidated net profit more than doubled to Rs 113.40 crore in the first quarter of the current financial year. Hindustan Copper reported financial results for the April-June, 2024 quarter to BSE. The company had earned a net profit of Rs 47.28 crore in the same period a year ago.

The company's consolidated income increased to Rs 500.44 crore in the June quarter

According to regulatory filings, the company's consolidated income rose to Rs 500.44 crore in the June quarter as against Rs 384.73 crore in the same period a year ago. Hindustan Copper Limited had earlier said it is likely to exceed its capital expenditure target of Rs 350 crore in the current fiscal.

The company is continuously investing in the mine expansion plan

The company is continuously investing in its mine expansion plan. Hindustan Copper Limited (HCL) operates under the administrative control of the Ministry of Mines. The company has facilities for the production and marketing of copper concentrate, copper cathode, continuous-cast copper rods, and by-products.