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Hindustan Copper reports 72% fall in Q2 net profit

14 Nov 2014 Evaluate

Hindustan Copper has reported results for second quarter ended September 30, 2014.

The company has registered 72.25% fall in its net profit at Rs 17.21 crore for the quarter under review as compared to Rs 62.01 crore for the same quarter in the previous year. Total income of the company has decreased by 33.21% at Rs 237.62 crore for Q2FY15 as compared Rs 355.76 crore for the corresponding quarter previous year.

Hindustan Copper’s principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.

Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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