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Hindustan Copper Net Profit Surges 97% in FY26, Hits Record High

Hindustan Copper Limited reported a 97% surge in net profit to Rs 920.67 crore for FY26. Revenue from operations reached a record Rs 3,077.92 crore, up 49% year-on-year. The company achieved healthy EBITDA margin of 48.7% and increased ore production by 6%. The Board recommended a final dividend and discussed expansion plans under Corporate Plan 2030.

Key Points: Hindustan Copper Profit Jumps 97% in FY26

  • Net profit surges 97% to Rs 920.67 crore
  • Revenue hits record Rs 3,077.92 crore, up 49%
  • EBITDA margin improves to 48.7%
  • Board recommends final dividend; expansion plans under Corporate Plan 2030 discussed
2 min read

Hindustan Copper records 97 per cent surge in net profit for FY26

Hindustan Copper records 97% surge in net profit to Rs 920.67 crore for FY26, with record revenue of Rs 3,077.92 crore. Board recommends final dividend.

"The company's profit before tax jumped by 95 per cent to Rs 1232.73 crore during 2025-26 compared with Rs 633.51 crore in FY 2024-25, the highest ever in the history of the company - Ministry of Mines statement"

New Delhi, May 15

Miniratna Central public sector enterprise Hindustan Copper Limited on Friday reported a robust 97 per cent surge in Profit After Tax to Rs 920.67 crore for the financial year 2025-26 compared with the corresponding figure of Rs 468.53 crore in FY 2024-25, according to a statement issued by the Ministry of Mines.

The company's profit before tax jumped by 95 per cent to Rs 1232.73 crore during 2025-26 compared with Rs 633.51 crore in FY 2024-25, the highest ever in the history of the company, the official statement said.

According to the audited financial results approved by the company's Board of Directors at their meeting held in Kolkata on Friday, HCL has recorded its highest ever revenue from operations of Rs 3,077.92 crore in FY 2025-26, reflecting a robust year-on-year (YoY) increase by 49 per cent compared with Rs 2,070.96 crore in FY 2024-25, the statement said.

The board meeting also recommended a final dividend for the year, subject to shareholder approval. This is in addition to the interim dividend already paid in March 2026.

The EBITDA (earnings before interest, taxes, depreciation and amortisation) margin achieved has been a healthy 48.7 per cent in FY 2025-26 as compared to 37.97 per cent in the previous year, which represents an increase of 10.73 per cent.

During FY 2025-26, Hindustan Copper Ltd has achieved ore production of 3.67 million tonnes in the financial year 2025-26, which is 6 per cent higher than last year. Similarly, the company has achieved MIC (Metal in concentrate) production of 27,421 tonnes in FY 2025-26, which is 9 per cent higher than FY 2024-25. The company's sales of copper MIC during FY 2025-26 touched 27,369 tonnes, which represents a 12 per cent increase over the corresponding figure of the previous year.

In addition to the financial results, the Board of Directors deliberated on significant expansion plans in accordance with Corporate Plan 2030 of the company, including its funding strategies.

- IANS

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Reader Comments

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Priya S
Great to see a PSU performing so well! But I hope the expansion plans include sustainable mining practices and better rehabilitation for affected communities in Rajasthan and Madhya Pradesh. Growth without responsibility isn't real progress.
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Michael C
As someone who follows commodity markets, this is a solid performance. Copper prices have been volatile, but HCL managed to improve margins and output. The 48.7% EBITDA margin is especially impressive. Wonder if this is sustainable given global economic headwinds.
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Rohit P
97% jump in profit is no joke! HCL is proof that PSUs can perform when given proper management. The ore production increase of 6% is good, but we need to ramp up much faster if India wants to become self-reliant in copper. Still importing too much.
K
Kavya N
Honestly, I'm skeptical. These record profits often come from global price increases, not efficiency. How much of this is actual operational improvement vs commodity tailwinds? And are they passing benefits to workers? Industrial accidents in mining still happen too often.
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Sarah B
Excellent results! The corporate plan 2030 sounds ambitious. With copper being critical for batteries, motors, and infrastructure, this PSU is strategically important. Hope the government continues to support expansion and exploration for new deposits.
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