India: HCL posts net profit of INR 88.99 crore

State-owned Hindustan Copper Ltd. (HCL) on 28 May’22 announced a consolidated net profit of INR 88.99 crore for the quarter ended March’22.

The company registered a loss of INR 36.81 crore in the same quarter in 2021.

HCL said profits rose on effective marketing policies, procurement of services, loan reduction and the rise in LME prices.


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