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Hindustan Copper Net Profit Rises 25% In Q1

State-owned Hindustan Copper Ltd on Saturday posted a 25% rise in consolidated net profit to Rs 57.08 crore for the quarter ended on June 30, 2022 on the back of higher income.

A worker holds copper wire salvaged from cables (Photographer: Dhiraj Singh/Bloomberg)
A worker holds copper wire salvaged from cables (Photographer: Dhiraj Singh/Bloomberg)

State-owned Hindustan Copper Ltd on Saturday posted a 25% rise in consolidated net profit to Rs 57.08 crore for the quarter ended on June 30, 2022 on the back of higher income.

The company had posted a consolidated net profit of Rs 45.63 crore in the year-ago period, Hindustan Copper said in a filing to BSE.

The consolidated income of the company in the April-June period increased to Rs 359.13 crore from Rs 278.73 crore in the year-ago period, the filing said.