Hindustan Copper Q4 earnings: Profit jumps 132% to ₹444 crore, EBITDA rises 135%

Hindustan Copper, the state-run copper producer, on Friday, May 15, said that its standalone net profit in January-March quarter jumped 132% to ₹444 crore from ₹191 crore in the year-ago period. Sharp jump in profit came on the back of surging copper prices in global markets.

For financial year 2025-26, Hindustan Copper's profit jumped 96% to ₹921 crore from ₹369 crore in financial year 2024-25.

Hindustan Copper's revenue from operations advanced 58% to ₹1,156 crore in fourth quarter of financial year 2025-26 (Q4FY26) from ₹731 crore in the same period last year.

The Kolkata-based company reported a strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 135% to ₹628 crore and its EBITDA margin improved by 18 percentage points to 54.3%.

The company's board recommended a final dividend of ₹1.86 per share.

Hindustan Copper's board sought shareholders’ approval for raising up to ₹500 crore by way of convertible or non-convertible debentures and it also sought to raise additional funds by way of qualified institutional placement (QIP) of up 9.69 crore shares.

"The lease deed for land in respect of Gujarat Copper Prcject (GCP) Jhagadia with gross carrying value is ₹48.20 crore is yet to be executed in favour of the company. The company has filed a writ in Hon'ble High Court of Gujarat , Ahmedabad for transfer of the land which is pending," Hindustan Copper said in a regulatory filing.

Hindustan Copper shares ended 6% lower at ₹570 ahead of its earnings announcement. The stock has so far this year surged as much as 10% as copper remains in very high demand owing to its appeal as a key raw material for making chips and semiconductors amid the ongoing artificial intelligence boom.