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Hindustan Copper reports 61% fall in Q1 net profit

12 Aug 2013 Evaluate

Hindustan Copper has reported results for first quarter ended June 30, 2013.

On standalone basis, the company has reported a fall of 61.32% in its net profit at Rs 18.57 crore for the quarter, as compared to Rs 48.01 crore for the same quarter in the previous year.  Total income of the company has decreased by 26.92% to Rs 245.75 crore for the quarter under review as compared to Rs 336.27 crore for the quarter ended June 30, 2012.

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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