 "Hindustan Copper Q4 results: Net profit increases 6% to Rs 124 crore")
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State-owned Hindustan Copper Ltd on Friday reported a 6 per cent drop in consolidated net profit to Rs 124.33 crore for the March quarter.
The company had posted a consolidated net profit of Rs 132.31 crore in the year-ago period.
The consolidated income during the January-March period dropped to Rs 585.22 crore over Rs 611.37 crore in the year-ago period.
"The company has achieved a profit before tax of Rs 183.29 crore in the quarter ended March 2024, which is a whopping 123 per cent higher than the immediately preceding quarter," Hindustan Copper said in a statement.
"The board has recommended a dividend of 30.11 per cent of PAT for 2023-2024. The payout on this account is estimated to be Rs 88.97 crore to the shareholders of the company," it said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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