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Hindustan Copper Q4 net profit jumps manifold at Rs 41 cr

Press Trust of India  |  New Delhi 

State-run Hindustan Copper's net profit jumped manifold to Rs 40.77 crore during the quarter ended March 31, 2017.

The company had posted a net profit of Rs 0.64 crore in the year-ago period, Ltd said in a regulatory filing today.

from operations of the company increased to Rs 571.76 crore in the quarter under review, from Rs 354.39 crore in the corresponding period last fiscal.

Total expenses rose to Rs 557 crore, from Rs 363.25 crore in the year-ago period.

Ltd has the distinction of being the country's only vertically integrated copper producing company encompassing mining, beneficiation, smelting, refining and casting of refined copper metal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 21:07 IST