Hindustan Copper Q2 results soar by 100% (UPDATED)

The Board of Hindustan Copper Limited in its meeting held in Kolkata today has approved the Financial Results for the second quarter ending September 2024 of the current fiscal year 2024-25. During the quarter the financial performance of the Company has improved substantially. The Profit Before Tax on standalone basis during the half year ending Sept 2024 has been Rs 289.46 crore as against Rs 144.96 crore in the corresponding period of the last year, a whopping increase of around 100 %. Even the Profit Before Tax for the quarter ending Sept 2024 has been at Rs 135.33 crore as against Rs 82.75 crore in the corresponding period of the last year, an increase of around 64 %. The Total Income of the company for half year ending September 2024 has been achieved at Rs. 1050.49 crore which is higher by around 35 % compared to corresponding period of the last year. The EBIDTA margin achieved has been a robust 38%. HCL has also recently entered into an agreement with both M/s Kutch Copper Limited and M/s Hindalco for sale of its principal product, i.e. Copper Concentrate.

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