LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

Volume growth, rise in operating efficiency helped us outperform other metal companies: Santosh Sharma, CMD, Hindustan Copper

Volume growth, rise in operating efficiency and taking decision by understanding the market dynamics was the major reason for us to outperform other metal companies.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Volume growth, rise in operating efficiency helped us outperform other metal companies: Santosh Sharma, CMD, Hindustan Copper
Outperforming the rival metal companies Hindustan Copper has logged attractive fourth quarter results in FY19.
Written By: ZeeBiz WebTeam
Updated: Tue, Jun 04, 2019
06:00 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Stock Market Opening Bell: NSE Nifty, BSE Sensex trade tepid; Lakshmi Vilas Bank, Hindustan Copper shares gain Stock Market Opening Bell: NSE Nifty, BSE Sensex trade tepid; Lakshmi Vilas Bank, Hindustan Copper shares gain
Sensex, Nifty end range-bound as investors become cautious; Bosch, Hindustan Copper, ITI stocks gain Sensex, Nifty end range-bound as investors become cautious; Bosch, Hindustan Copper, ITI stocks gain
Zero to Hero Stocks: Prepare for 2019, Hindustan Copper to Tata Motors, check out these top 5 shares Zero to Hero Stocks: Prepare for 2019, Hindustan Copper to Tata Motors, check out these top 5 shares
Have plans to increase mining capacity to 20MTPA from 4.1MTPA: Santosh Sharma, Hindustan Copper Ltd Have plans to increase mining capacity to 20MTPA from 4.1MTPA: Santosh Sharma, Hindustan Copper Ltd
Hindustan Copper recruitment 2018: Apply for ITI Trade Apprentice posts; last date Nov 24 Hindustan Copper recruitment 2018: Apply for ITI Trade Apprentice posts; last date Nov 24

Outperforming the rival metal companies, Hindustan Copper has logged attractive fourth quarter results in FY19. The metal PSU logged Rs 40.5 crore profit in Q4FY19 against Rs 22 crore in Q4FY18, a growth of around 84 per cent. Apart from that, the metal major has registered the export of Rs 842 crore in the FY19, which is highest in the history of the company. 

Buoyed by the achievements of the metal PSU Santosh Sharma, CMD, Hindustan Copper told Zee Business TV in an exclusive conversation, "Volume growth, rise in operating efficiency and taking decision by understanding the market dynamics was the major reason for us to outperform other metal companies." He said that the company took the decision as per the market dynamics. 

See Zee Business video below:

#CorporateRadar | हिंदुस्तान कॉपर ने पेश किए चौथी तिमाही के नतीजे.. कंस्ट्रक्शन सेक्टर से कितनी हैं उम्मीदें जानिए कंपनी के चेयरमैन & MD संतोष शर्मा के साथ स्वाति खंडेलवाल की खास बातचीत में..@copper_ltd @SwatiKJain pic.twitter.com/G54U6Er5si

— Zee Business (@ZeeBusiness) June 4, 2019

"We took business decisions which helped us understand which product to sell at what time that led to scaling our export to Rs 842 crore, which is highest till date for us," said Sharma.

Asked about the value-added products chipping in and enhancing the company's economic health, he said, "We are competing into the international market and rise in MIC sale was one of the major reasons for rising in our export number to this level and achieve other targets that we had set to achieve before the beginning of the FY19."

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Hindustan Copper
RELATED NEWS
Stock Market Opening Bell: NSE Nifty, BSE Sensex trade tepid; Lakshmi Vilas Bank, Hindustan Copper shares gain Stock Market Opening Bell: NSE Nifty, BSE Sensex trade tepid; Lakshmi Vilas Bank, Hindustan Copper shares gain
Sensex, Nifty end range-bound as investors become cautious; Bosch, Hindustan Copper, ITI stocks gain Sensex, Nifty end range-bound as investors become cautious; Bosch, Hindustan Copper, ITI stocks gain
Zero to Hero Stocks: Prepare for 2019, Hindustan Copper to Tata Motors, check out these top 5 shares Zero to Hero Stocks: Prepare for 2019, Hindustan Copper to Tata Motors, check out these top 5 shares
Have plans to increase mining capacity to 20MTPA from 4.1MTPA: Santosh Sharma, Hindustan Copper Ltd Have plans to increase mining capacity to 20MTPA from 4.1MTPA: Santosh Sharma, Hindustan Copper Ltd
Hindustan Copper recruitment 2018: Apply for ITI Trade Apprentice posts; last date Nov 24 Hindustan Copper recruitment 2018: Apply for ITI Trade Apprentice posts; last date Nov 24

LATEST NEWS

Bank Holidays March 2021: RBI says banks will remain closed on these 5 days next month

Exclusive: DCI to sign 18 MoUs worth Rs 14,000 cr, CMD Rajesh Tripathi tells Anil Singhvi; validates Zee Business’ BIG BREAKING report

7th Pay Commission Latest News: Check out these vacancies notified by UPSC; salary up to Rs 1,77,500 plus DA and other allowances

RBSE exam 2021: Rajasthan Board Class 10, 12 date sheets released on rajeduboard.rajasthan.gov.in | Here is how to download

Mid-cap Stock Picks With Anil Singhvi: Expert Sacchitanand Uttekar suggests these three fabulous stocks to make great gains

Take ''fantastic'' AstraZeneca vaccine, top officials tell Germans

PM Narendra Modi to inaugurate India Toy Fair today

Google fires 150 game developers hired for Stadia: Report

7th Pay Commission: CONFIRMED! 3% DA, DR hike for government employees, pensioners of THIS state from March 1

Pensioners ALERT: RUSH! Last date to submit digital life certificate tomorrow—Avail doorstep service from SBI, PNB, BoB and other banks

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved