Hindustan Copper Q4 results: Profit up 137% YoY to Rs 444 cr, revenue rises 58% YoY; Rs 1.86 per share dividend announced – Markets

Hindustan Copper Q4 results: Profit up 137% YoY to Rs 444 cr, revenue rises 58% YoY; Rs 1.86 per share dividend announced - Markets


Hindustan Copper Q4 results: State-owned Hindustan Copper Ltd on Friday reported a 137.3 per cent increase in its net profit to Rs 444.27 crore for the quarter ended March 31, 2026, on the back of higher revenue. The company had posted a consolidated net profit of Rs 187.18 crore in the year-ago period.

The metal major’s consolidated revenue from operations during the fourth quarter of the financial year 2025-26 rose by 58 per cent to Rs 1,156 crore, compared to Rs 731.40 crore a year ago, Hindustan Copper said in a regulatory filing.

On a sequential basis , the profit after tax (PAT) was 184 per cent higher against Rs 156 crore in Q3 FY26. The topline grew 68 per cent from Rs 687 crore posted in the October-December quarter of FY26.

Hindustan Copper’s expenses came in at Rs 597 crore in the quarter under review against Rs 397 crore reported in Q3 FY26 and Rs 519 crore in Q4 FY25. This represents a growth of 50 per cent quarter-on-quarter and 15 per cent YoY.

The expenses were made under the heads like cost of material consumed, employee benefits, finance cost and power & fuel.

For the full financial year, the revenue was at Rs 3,078 crore versus Rs 2071 crore in FY25, reporting a 49 per cent growth, while PAT was at Rs 921 crore in FY26, an increase of 97 per cent versus Rs 467 crore in the previous financial year.

Board of Hindustan Copper recommended a final dividend of Rs 1.86 per share for FY2025-26, subject to the requisite approvals, the company said.

“The Board recommended payment of Final Dividend for financial year 2025-26 @ Rs.1.86 per share of the face value of Rs.5/- each for approval of shareholders in the forthcoming Annual General Meeting (AGM) of the Company in addition to the interim dividend @ Rs.1.00 per share already paid on 05.03.2026,” said Hindustan Copper in an exchange filing.

Hindustan Copper dividend 2026 payment date

The date of payment of final dividend shall be intimated after approval of dividend in the AGM separately, it said.

Hindustan Copper fundraising

The board of Hindustan Copper also approved a proposal for raising up to Rs 500 crore via non-convertible debentures (NCDs) on a private placement basis.

The board of directors also gave the nod to raise funds via Qualified institutional Placement (QIP) of up to 9.69 crore equity shares for funding the capital expenditure and expansion plans approved by the Cabinet Committee on Economic Affairs (CCEA), the filing said.

Hindustan Copper Ltd (HCL) is a central public sector enterprise under the administrative control of the Ministry of Mines. It is the only company in India engaged in copper ore mining and holds all the operating mining leases for copper ore in the country.

The company’s current focus lies in exploration, mining and beneficiation of copper ore to produce and sell copper concentrate.

HCL operates copper mines at Malanjkhand, Madhya Pradesh, Khetri, Rajasthan and Ghatsila, Jharkhand. It has facilities of a primary smelter and refinery at Ghatsila, Jharkhand, secondary smelter and refining facilities at Jhagadia, Gujarat, and a continuous cast copper wire rod plant at Taloj, Maharashtra.

Shares of Hindustan Copper ended at Rs 570.25, up 36.20 or 5.97 per cent over the Thursday closing price of Rs 606.55, on the BSE.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *