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Our Bureau

Kolkata, Jan. 25

Hindustan Copper Ltd, the only vertically integrated producer of refined copper in the country, has posted a net profit after tax of Rs 131.60 crore and a sales turnover of Rs 551.89 crore in the third quarter of the financial year 2006-2007.

As per the provisional results taken on record by the Board of Directors, the company registered 82.93 per cent growth in its sales turnover and 388.67 per cent growth in its net profit after tax over the corresponding quarter of the previous year. A company press note says that it has adopted specific measures for maximising capacity utilisation of its copper mines and plants.

Besides, developmental activities at its mines at Malanjkhand in Madhya Pradesh and at Khetri in Rajasthan will help the company to further increase production of copper concentrate and reduce dependence on imports of the raw material.

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EID Parry Q3 net at Rs 3.53 cr

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