Hindustan Copper Q2 Results: Profit Up 67% To Rs 102 Crore
Hindustan Copper's net profit rose by 67.5% to Rs 102 crore in Q2 FY25. The company also reported a 36% increase in revenue, reaching Rs 518 crore for the quarter ending September.
Hindustan Copper Ltd.'s net profit rose in the second quarter of financial year 2025.
The integrated copper producer's net profit increased 67.5% year-on-year to Rs 102 crore in the quarter ended September, according to an exchange filing on Monday.
Hindustan Copper Q2 FY25 Highlights (Consolidated, YoY)
Revenue up 36% to Rs 518 crore versus Rs 381 crore.
Ebitda up 25.3% to Rs 152 crore versus Rs 121 crore.
Margins at 29.3% versus 31.8%.
Net profit up 67.5% to Rs 102 crore versus Rs 60.7 crore.
What Aided Earnings?
Hindustan Copper's Q2FY25 revenues were aided by the 11.1% uptick in copper LME prices during the quarter. As per Systematix, copper prices stood at $9,336 per tonne versus $8,356 per tonne a year ago.
However, the company's 250 basis point margin contraction was driven by a 60% uptick in the cost of material consumed expenses, a 16% rise in other expenses, and a Rs 8.96 crore change in finished goods inventories expenses versus a reversal of Rs 52.16 crore a year ago.
