Hind Copper posts 82 per cent jump to end with net profit of Rs 34 crore in quarter 3

State-run Hindustan Copper Monday reported a 82.66 per cent jump in profit to Rs 34.56 crore for the third quarter ended December 31, 2018, on increased income. It had posted a Rs 18.92 crore profit for the period from continuing and discontinued operations in the corresponding quarter of the previous fiscal, it said in a BSE filing.

The firm's total income also rose to Rs 478.91 crore for the quarter, compared with Rs 446.84 crore in the corresponding period a year ago. Its total expenses during the quarter were at Rs 427.56 crore, against Rs 418.71 crore in the year-ago quarter. Hindustan Copper is primarily engaged in the business of mining and processing of copper ore to produce refined copper metal.