Karnataka-based state-owned gold mining company The Hutti Gold Mines Company has posted a net profit of ₹844 crore and a turnover of ₹1,910 crore for the fiscal year, resulting in a strong financial performance.
The company produced 1,691.50 kg of gold, achieving 99.5 per cent of its target of 1,700 kg for FY 2025–26.
Against this backdrop, JT Patil, Chairman of The Hutti Gold Mines Company, met and felicitated Chief Minister Siddaramaiah on Saturday.
Home Minister G Parameshwara and Managing Director R Shilpa were also present.