New Delhi, State-owned Hindustan Copper Ltd on Friday reported a 6 per cent decline in consolidated net profit at Rs 124.33 crore for the March quarter.
The company had posted a consolidated net profit of Rs 132.31 crore in the same period last year.
Consolidated income during the January-March period declined to Rs 585.2 crore from Rs 611.37 crore in the year-ago period.
"The company has achieved a profit before tax of Rs 183.29 crore for the quarter ended March 2024, which is 123 per cent higher than the previous quarter," Hindustan Copper said in a statement.
"The Board has recommended a dividend of 30.11 per cent of PAT for 2023-2024. It is estimated that Rs 88.97 crore will be paid to the company's shareholders on this account," it said.
The company had posted a consolidated net profit of Rs 132.31 crore in the same period last year.
Consolidated income during the January-March period declined to Rs 585.2 crore from Rs 611.37 crore in the year-ago period.
"The company has achieved a profit before tax of Rs 183.29 crore for the quarter ended March 2024, which is 123 per cent higher than the previous quarter," Hindustan Copper said in a statement.
"The Board has recommended a dividend of 30.11 per cent of PAT for 2023-2024. It is estimated that Rs 88.97 crore will be paid to the company's shareholders on this account," it said.
