Hindustan Copper Q1 profit drops 21 pc sequentially, revenue falls 19 pc
Mumbai, Aug 10
State-owned Hindustan Copper Limited on Monday reported a decline in earnings for the first quarter of FY27, with consolidated net profit falling nearly 21 per cent sequentially on the back of lower revenue.
The company reported a consolidated net profit of Rs 352 crore for the quarter ended June 2026, down 20.7 per cent from Rs 444 crore in the preceding quarter (Q4 FY26), according to its stock exchange filing.
However, on year-on-year basis, it reported a 162 per cent rise in its consolidated net profit to Rs 352 crore, in comparison to Rs 134 crore in the same period a year earlier (Q1 FY26).
The company's revenue from operations declined 19 per cent quarter-on-quarter to Rs 937 crore from Rs 1,156 crore in the March quarter.
Operating performance also weakened in line with the decline in revenue. Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 19 per cent to Rs 508 crore from Rs 627 crore in the previous quarter, as per its regulatory filing.
Despite the decline in earnings and revenue, Hindustan Copper maintained its profitability levels at the operating level.
The EBITDA margin remained unchanged at 54.2 per cent, compared with 54.2 per cent in the preceding quarter.
The quarterly results were accompanied by a muted market reaction. Following the announcement, shares of Hindustan Copper were trading 0.33 per cent lower at Rs 534.35 on the National Stock Exchange.
The stock had fallen as much as 0.67 per cent to Rs 532.50 after the detailed earnings statement was released.
Hindustan Copper's shares have, however, delivered strong gains over a longer time frame. The stock has more than doubled in value over the past 12 months and has advanced 3.17 per cent so far in 2026.
Shares of the company surged to their 52-week high of Rs 760.05 apiece on January 29, 2026, while the 52-week low was at Rs 226.70 apiece on August 28, 2025.
— IANS
Reader Comments
Perfect example of why we shouldn't panic with quarterly numbers. The company's EBITDA margin staying flat at 54.2% shows operational stability. But 52-week high of 760 to current 534 is a big correction - new investors should be careful and do proper research before entering.
Interesting to see Hindustan Copper's performance. India's focus on renewable energy and grid modernization should create sustained copper demand. The 162% YoY profit growth is notable, though the QoQ drop raises questions about sustainability. Watching this one closely.
Why is the stock falling if the company is profitable? Market mood is confusing these days. Also, PSU dividends are always welcome for common shareholders. Let's see if they maintain the dividend despite the QoQ dip. 🤔
The QoQ decline makes sense because Q4 is typically the strongest quarter for capital goods and industrial companies due to year-end spending. YoY growth of 162% is what matters for the big picture. The correction from the January high of 760 seems like a healthy consolidation phase.
Was hoping for a stronger market reaction but 0.33% drop is quite muted actually. Copper is critical for India's defence and electronics manufacturing plans. The government's focus on critical minerals should support this stock in the long run. For now, hold on to your shares! 🇮🇳
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