NEW DELHI, Aug 22: State-run Hindustan Copper today reported a net loss of Rs 2.88 crore for the quarter ended June 30, 2016.
The firm had clocked a net profit of Rs 20 crore in the year-ago period, it said in a BSE filing.
Total income of the company fell to Rs 206.23 crore in April-June quarter this fiscal from Rs 236.38 crore during the same quarter of 2015-16.
Company’s total expenses were marginally higher at Rs 223.61 crore against Rs 222.19 crore in the year-ago period.
The firm manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products. HCLs mines and plants are spread across four operating units, one each in Rajasthan, Madhya Pradesh, Jharkhand and Maharashtra.
(PTI)
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