Kolkata, Feb 11 (IANS) State-run Hindustan Copper on Monday reported 83 per cent increase in its net profit to Rs 34.56 crore in the quarter ended December 31, 2018 as compared to Rs 18.92 crore in the year-ago period.
"The growth in profit is primarily due to increase copper ore production and focus on sale of high margin products," Chairman and Managing Director Santosh Sharma said.
Copper ore production was at 30.11 lakh tonne in the April-December period in the current fiscal, as against 26.08 lakh tonne in the corresponding period last fiscal, thus registering a growth of 15 per cent.