HCL's PAT at Rs 104.37 cr in H-1 of FY 18-19

The Board of Hindustan Copper Limited, in its meeting held on  November 13, 2018 in New Delhi, approved the financial results of six months of the fiscal year 2018-19 during which the Company has shown robust performance. Despite volatile market conditions compared to previous quarter of current fiscal, LME Copper prices down by 11% , HCL has been able to maintain its growth momentum.The Profit Before Tax of the Company during H-1 period of FY 18-19 has increased to Rs 104.37 crore from Rs 60.03 crore in the corresponding period of the previous year, thus registering a growth of 74%. The Net Revenue from operations during H-1 of the current fiscal was Rs 887.26 crore as compared to Rs 858.26 crore in 2017-18 of the same period. The EBDITA margin during H-1 period of FY 2018-19 was 28% compared to 16% during corresponding period of the previous fiscal.