Hindustan Copper graded as ‘Excellent’ for FY 2023-24

Hindustan Copper Limited (HCL) has achieved “Excellent” rating by the Department of Public Enterprises (DPE) for FY 2023-24 in terms of Performance as per MoU parameters. After posting losses in FY 2019-20, HCL has been consistently making Profit Before Tax of approximately Rs 400 crore in the last three years. The Company has been bestowed with this achievement by DPE after a span of 12 years. In service to the nation since 1967, HCL has been entrusted with the responsibility of efficient utilization of the country’s Copper resources on a sustainable basis. The Company is already implementing a mine expansion plan to offer a more reliable supply of Copper for the diverse requirements in India.