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State-owned Hindustan Copper Ltd on Tuesday reported a 51.8 per cent increase in consolidated profit at Rs 189.48 crore for the quarter ended March 31, 2025. The company had posted consolidated profit of Rs 124.75 crore in the year-ago period. The consolidated income of the company during the fourth quarter rose to Rs 777.28 crore, over Rs 585.22 crore in the year-ago period, Hindustan Copper said in a regulatory filing. The total expenses of the company during the quarter under review rose to Rs 518.75 crore, over Rs 401.49 crore in the year-ago period. Hindustan Copper is a Mini-Ratna Central Public Sector Enterprise (CPSE) under the administrative control of the mines ministry. It is the only company in the country engaged in copper ore mining and holds all the operating mining leases for copper ore in the country. The company operates copper mines at Malanjkhand (Madhya Pradesh), Khetri (Rajasthan) and Ghatsila (Jharkhand). It has facilities of a primary smelter and refinery a
State-owned Hindustan Copper Ltd on Monday reported a two-fold rise in consolidated net profit at Rs 113.40 crore for the quarter ended June 30, 2024. The company had posted a net profit of Rs 47.28 crore in the year-ago period, Hindustan Copper said in a filing to BSE. The consolidated income of the company during the April-June period rose to Rs 500.44 crore over Rs 384.73 crore in the year-ago period, the filing said. Hindustan Copper Ltd had earlier said that it is likely to exceed its capex target of Rs 350 crore for the ongoing fiscal year. The company is continuously investing in its ongoing mine expansion plan. Hindustan Copper Ltd (HCL) is under the administrative control of the Ministry of Mines. The company has facilities for the production and marketing of copper concentrate, copper cathodes, continuous-cast copper rods, and byproducts.
State-owned Hindustan Copper Ltd on Friday said it is likely to exceed its capex target of Rs 350 crore for the ongoing fiscal year. "Although this year's capex target is Rs 350 crore, it is expected that the company may exceed the target like last year," the company said in a filing to the BSE. The company is continuously investing in its ongoing mine expansion plan. The PSU has floated tender for the appointment of developer for Rakha mine, it said, adding that once finalised, this will make way for fresh investment. The domestic copper demand in the country will grow in line with the growth of sectors such as renewable, transportation and construction sectors. "Analysts suggest that there will be double-digit growth in these sectors in the short term. Accordingly, copper sector growth is expected to be in double digit," it said. The current per capita refined copper consumption in India is around 0.5 kg, far less than the global average of about 3.2 kg per capita, leaving a hu