Kolkata, 10 November : The Board of Hindustan Copper Limited in its meeting held in Kolkata today has approved the Financial Results for the second quarter of the current fiscal year 2022-23. During the quarter the financial and physical performance of the Company has improved substantially.
The Profit Before Tax during the quarter ending Sept 2023 was Rs 82.75 crore as against Rs 32.04 crore in the corresponding period of the last year, an increase of around 158%. The sales volume in Sept 2023 quarter was also higher by 49% compared to corresponding period of the last year.
On the production front, the growth momentum has been maintained. During the quarter ended Sept’ 2023, mine production in terms of Copper ore has increased by around 13% compared to the corresponding period of the last year.
