India: Hindustan Copper’s net profit dips y-o-y in Q3FY’25

Hindustan Copper, which controls 80% of India’s copper reserves, announced a slight 0.15% q-o-q dip in net profit, with INR 62.9 crore secured in Q3FY’25 compared to INR 63 crore a year earlier. The company’s revenue also fell, by a larger 17.91% to INR 327.77 crore from INR 399.29 crore in Q3FY’24, attributed to lapses in exploration, mining, and marketing strategies.