ALPHA TRIBE

Hindustan Copper LimitedUpdates, 06-02-2025: Press Release

06-02-2025 | 07:04 pm

Hindustan Copper Limited has received an "Excellent" rating from the Department of Public Enterprises for FY 2023-24, based on its performance against Memorandum of Understanding (MoU) parameters. This recognition comes after posting consistent Profit Before Tax of approximately ₹400 crore over the last three years following a challenging period in FY 2019-20. The company is focused on the sustainable management of India's copper resources and is actively working on mine expansion plans to enhance the reliability of copper supply to meet growing domestic demand. This achievement marks a significant milestone for HCL, which has not received such recognition in the past 12 years. Positive outlook for stakeholders as the company continues to strengthen its market position.

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