Business News

Adani’s Kutch Copper sees Rs 750-800 crore quarterly EBITDA this fiscal

FinSiddhi

Kutch Copper anticipates stable quarterly operating profit between Rs 750-800 crore this fiscal year. Higher utilization and revenue will offset expected moderation in profit margins for the company. The copper smelter reported Rs 749 crore EBITDA on Rs 10,922 crore revenue in the June quarter. India’s copper imports are expected to decrease as Kutch Copper ramps up its production capacity.
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