Hindustan Copper Q4 Results: Net profit strikes up 49% to Rs 132 Cr

Hindustan Copper Q4 Results: Net profit strikes up 49% to Rs 132 Cr

New Delhi: Hindustan Copper Limited, the central public sector undertaking under the Ministry of Mines on Friday, May 19, 2023, reported an increase in its fourth-quarter profit, which ended 31st March 2023. The PSU reported a growth of 48.7 per cent year-on-year at Rs 132.3 Crore for Q4 Financial Year 2022-23. Following the corresponding quarter, last year the company reported a net profit of Rs 89 crore.

Hindustan Copper revenue in the March quarter stood at Rs 559.8 crore and Rs 545.5 crore stood in the corresponding period of the preceding fiscal.

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EBITDA increased 22.1 per cent to Rs 186 crore final quarter of this fiscal over Rs 152.4 crore in the corresponding period in the previous fiscal. The company's board also recommended the dividend for the financial year of Rs 0.92 should be paid on each share with a face value of Rs. 5

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