Hutti Gold Mines Sees Significant Profit Surge Due to Rising Gold Prices and Improved Ore Recovery
मुख्य बातें
- •Hutti Gold Mines earned ₹633.34 crores more in 2025-26 due to rising gold prices and improved ore recovery.
- •The average gold selling price increased by 34.11% to ₹11,603 per gram, resulting in a 42.23% increase in total revenue to ₹1,910.62 crores.
- •The company's net profit nearly doubled to ₹844.71 crores, representing a 93.71% increase over the previous year.
- •Hutti Gold Mines produced 1,691.57 kgs of gold and earned revenue by selling 1,521.36 kgs of gold, meeting less than 1% of India's annual demand for gold.
- •The company has a rich history of gold mining, dating back to pre-Asokan times, and is expanding its operations beyond Hutti to increase production and maintain profitability.
The Hutti Gold Mines Company Ltd., the only functional gold mine in India, has witnessed a substantial increase in profits due to the soaring price of gold in the world market. In the financial year 2025-26, the company earned ₹633.34 crores more, with the average gold selling price increasing by 34.11% to ₹11,603 per gram. This significant rise in gold prices, combined with the highest average recovery grade of 2.61 grams of gold per metric tonne of ore mined in the last five years, has resulted in a windfall for the company. The total revenue increased by 42.23% to ₹1,910.62 crores, while the net profit nearly doubled to ₹844.71 crores, representing a 93.71% increase over the previous year.
