Hindustan Copper (513599) Q1 24/25 earnings summary

Executive summary

• Standalone and consolidated unaudited financial results for the quarter ended 30th June 2024 were approved by the Board on 12th August 2024.

• Statutory auditors conducted a limited review and found no material misstatements in the results.

Financial highlights

• Consolidated revenue from operations for Q1 FY25 was ₹493.60 crore, up from ₹370.94 crore in Q1 FY24.

• Consolidated net profit after tax and share of JV/associate for Q1 FY25 was ₹113.40 crore, compared to ₹47.28 crore in Q1 FY24.

• Total comprehensive income for Q1 FY25 was ₹111.56 crore, up from ₹44.88 crore in Q1 FY24.

• Standalone net profit for Q1 FY25 was ₹113.41 crore, up from ₹47.29 crore in Q1 FY24.

Outlook and guidance

• Temporary stoppage of mining operations at Kolihan Mines, Khetri, due to an accident on 14th May 2024, led to lower ore and metal-in-concentrate production.