Hindustan Copper Q2 profit declines 12 pc at Rs 7 cr

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State-run today reported an 11.8 per cent decline in standalone net profit after at Rs 6.7 crore for the quarter ended September 30.

The company had posted a standalone net profit after of Rs 7.6 crore in the corresponding quarter of the previous fiscal, said in a filing.

The standalone total of the company during July-September quarter declined to Rs 213.7 crore as against Rs 238.5 crore in the year-ago period.

Ltd (HCL) manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.

HCL’s mines and plants are spread across four operating units, one each in Rajasthan, Madhya Pradesh, and Maharashtra.