Hindustan Copper Q2 net profit jumps 179% to Rs 520 crore on higher metal prices, volumes
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Hindustan Copper reported a 179 percent jump in net profit to Rs 520 crore for the September quarter of FY27.
- ✓The company said higher metal prices and sales volumes boosted earnings.
- ✓Revenue rose 64 percent to Rs 1,175.24 crore as the firm used operational excellence to improve its overall performance.
Story at a Glance
- Category
- Indian Markets
- Reported By
- MoneyControl
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Hindustan Copper Ltd (HCL) reported a 179 percent year-on-year increase in standalone net profit for the September quarter of FY27, as higher sales volumes and metal prices boosted earnings. Net profit for the quarter stood at Rs 519.54 crore, compared with Rs 186.02 crore in the corresponding period last year. Revenue from operations rose 64 percent to Rs 1,175.24 crore from Rs 718.04 crore a year ago, the company said in a press release on November 11. Profit before tax surged 180 percent to Rs 695.43 crore from Rs 248.63 crore in the year-ago quarter. The company attributed the improvement in profitability to higher volumes and metal prices, supported by operational excellence and sustained productivity.
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