Quarterly Performance Report

2nd Quarter Financial Results for the quarter ended 30th September 2011
Sl. No	Particulars
Sl. No	Particulars	Three Months Ended 30th Sept 2011 (Limited Review)	Three Months Ended 30th Sept 2010 (Audited)	Six Months Ended 30th Sept 2011 (Limited Review)	Six Months Ended 30th Sept 2009 (Audited)	2010-2011 (Audited)
1a)	Net Sales/Income from operations	269.50	324.41	538.46	550.21	1142.63
b)	Other Operating Income	0.48	1.54	1.23	2.72	3.89
2	Expenditure
a)	Increase (-)/Decrease (+) in stock in trade& work in progress	(38.54)	(14.05)	(86.35)	(21.64)	(72.52)
b)	Consumption of Raw Materials	22.22	11.57	34.48	21.65	49.12
c)	Consumption of Stores & Spares	22.18	25.81	37.94	44.24	76.00
d)	Employees Cost	91.62	72.72	178.55	142.92	298.02
e)	Consumption of Power & Fuel	37.29	35.10	74.94	60.35	120.97
f)	Depreciation	4.36	4.40	8.76	8.83	20.84
g)	Other Expenditure	78.49	119.04	175.94	193.38	391.92
	Total	217.62	254.59	424.26	449.73	884.35
3	Profit from Operations before Other Income, Interest and Exceptional Items (1-2)	52.36	71.36	115.43	103.20	262.17
4	Other Income	15.44	12.81	38.92	25.15	75.46
5	Profit before Interest and Exceptional Items(3+4)	67.80	84.17	154.35	128.35	337.63
6	Interest	0.13	(0.05)	0.13	0.18	2.42
7	Profit after Interest but before Exceptional Items(5-6)	67.67	84.22	154.22	128.17	335.21
8	Exceptional Items	0.00	0.00	0.00	0.00	0.00
9	Profit (+) / Loss (-) from Ordinary Activities before tax (7+8)	67.67	84.22	154.22	128.17	335.21
10	Tax Expense - Current	26.11	40.07	58.06	52.14	107.75
	- Deferred	(4.90)	(12.06)	(10.71)	(6.38)	3.36
11	Net Profit (+) / Loss (-) from Ordinary Activities After Tax (9-10)	46.46	56.21	106.87	82.41	224.10
12	Extraordinary Items	0.00	0.00	0.00	0.00	0.00
13	Net Profit (+) / Loss (-) for the period (11-12)	46.46	56.21	106.87	82.41	224.10
14	Paid-up equity share capital (Face Value Rs. 5/- Per Share)	462.61	462.61	462.61	462.61	462.61
15	Reserve excluding Revaluation Reserves	-	-	-	-	776.36
16 a)	Earning Per Share (EPS) before Extraordinary Items - Basic (Rs)	0.50	0.61	1.16	0.89	2.42
	- Diluted (Rs)	0.50	0.61	1.16	0.89	2.42
b)	Earnings Per Share (EPS) after Extraordinary Items - Basic (Rs)	0.50	0.61	1.16	0.89	2.42
	- Diluted (Rs)	0.50	0.61	1.16	0.89	2.42
17	Public share holding
	- Number of Shares	3798500	3798500	3798500	3798500	3798500
	- % of Shareholding	0.41	0.41	0.41	0.41	0.41
18	Promoters and promoter group shareholding
a)	Pledge/Encumbered
	- Number of Shares	NIL	NIL	NIL	NIL	NIL
	-Percentages of Shares ( as a % of the total shareholding of promoter & promoter group)	N.A.	N.A.	N.A.	N.A.	N.A.
	-Percentages of shares ( as a % of the total shareholding of promoter & promoter group)	N.A.	N.A.	N.A.	N.A.	N.A.
b)	Non-encumbered
	- Number of Shares	921419500	921419500	921419500	921419500	921419500
	-Percentages of shares ( as a % of the total shareholding of promoter & promoter group)	100%	100%	100%	100%	100%
	-percentages of shares ( as a % of the total shareholding of promoter & promoter group)	99.59%	99.59%	99.59%	99.59%	99.59%

Notes: 1) The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 08.11.2011. 2) The company, a vertically integrated copper producer, is primarily engaged in the business of mining and processing of copper ore to produce refined copper metal, which has been grouped as a single segment in the above disclosures. The said treatment is in accordance with the Accounting Standard on "Segment Reporting (AS-17)". 3) There were six Investors' complaints received during the quarter and no unresolved complaint pending at the end of the quarter. 4) Figures for the previous period have been rearranged wherever necessary.

Hindustan Copper Limited