Hindustan Copper reports Q3FY18 result

Hindustan Copper standalone revenue for the quarter came in at Rs. 491 crore, registering 65 per cent yoy increase.

EBITDA for the quarter fell by 27.4 per cent yoy to Rs. 70.54 crore with a corresponding margin contraction of 1827 bps. EBITDA margin for the quarter stood at 14.4 per cent.

The PAT for the quarter came in at Rs. 18.92 crore, yoy increase of 12.2 per cent. Hindustan Copper’s other income during the quarter increased by 37.8 per cent from Q3FY17 to Rs. 6.7 crore.

Ahead of its quarterly result, the stock of Hindustan Copper remained under pressure on Wednesday the stock closed at Rs. 85.05 per share marginally down from previous close of Rs. 85.25.