Friday, Mar 29 2024 | Time 12:51 Hrs(IST)
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Business Economy


Hindustan Copper produce 39.08 lakh MT ore, highest in last 17 years

Kolkata, Sep 26 (UNI) Chairman-cum-Managing Director of Hindustan Copper Limited K D Diwan today said that this year, 39.08 Lakh MT ore has been produced, which is the highest in last 17 years.
Speaking on the 49th Annual General Meeting of the Central PSU here, Mr Diwan said the total sales of the company have increased by 11 per cent over the last year.
''While the physical performance has shown good improvement in 2015-16, the same could not be reflected in the financial performance, mainly due to steep fall in load on metal exchange prices of Copper by around 21 per cent, as compared to previous year.''
No dividend is being paid by the company this year, Mr Diwan added.
UNI BM KK RJ 1951
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