Hindustan Copper announced that the Ministry of Mines, Government of India has nominated Rabindra Prasad Gupta, Director, Ministry ofMines vice Sanjeev Verma, Ex-Director, Ministry of Mines as part time official Director on the Board of Hindustan Copper with immediate effect. Sanjeev Verma accordingly ceasesto be Director of Hindustan Copper w.e.f .13 March 2024. Powered by Capital Market - Live News

Net profit of Hindustan Copper declined 21.45% to Rs 63.00 crore in the quarter ended December 2023 as against Rs 80.20 crore during the previous quarter ended December 2022. Sales declined 28.32% to Rs 399.29 crore in the quarter ended December 2023 as against Rs 557.04 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales399.29557.04 -28 OPM %26.7020.46 - PBDT112.09120.49 -7 PBT82.18111.34 -26 NP63.0080.20 -21 Powered by Capital Market - Live News

Hindustan Copper will hold a meeting of the Board of Directors of the Company on 13 February 2024.Powered by Capital Market - Live News

The Board of Hindustan Copper at its meeting held on 10 November 2023 has approved borrowing through Term Loan up to Rs.200 crore for reimbursement of Mine development expenditure & general capex of the Company within the overall borrowing limit of Rs.2,500 crore.Powered by Capital Market - Live News

Net profit of Hindustan Copper rose 134.63% to Rs 60.70 crore in the quarter ended September 2023 as against Rs 25.87 crore during the previous quarter ended September 2022. Sales rose 79.79% to Rs 381.40 crore in the quarter ended September 2023 as against Rs 212.14 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales381.40212.14 80 OPM %31.7730.18 - PBDT128.2382.33 56 PBT82.6432.03 158 NP60.7025.87 135 Powered by Capital Market - Live News