Hindustan Copper Q1 Profit Jumps 162% To ₹352 Crore As Revenue Rises 81%
New Delhi, Aug 10: State-owned Hindustan Copper Ltd on Monday reported a 162.4 per cent surge in consolidated net profit at Rs 352.37 crore for the quarter ended June 30, 2026, on the back of higher revenues. The company had posted a consolidated net profit of Rs 134.25 crore in the year-ago period, Hindustan Copper said in a filing to the BSE. The revenue from operations during April-June…
Hindustan Copper Ltd, a state-owned entity under the mines ministry, announced a remarkable 162.4 per cent increase in its consolidated net profit for the quarter ending June 30, 2026, reaching ₹352.37 crore. This substantial growth comes after the company reported a profit of ₹134.25 crore in the same period last year. The surge in earnings is attributed to a significant rise in revenue from operations, which jumped 81.3 per cent to ₹936.50 crore, up from ₹516.37 crore in the previous year.
Despite a rise in total expenses to ₹481.83 crore compared to ₹347.29 crore in the same quarter a year ago, the company's strategic focus on exploration, mining, and beneficiation of copper ore has paid off. Hindustan Copper Limited, the sole player involved in copper ore mining in India, continues to expand its operations through planned capital expenditures totaling ₹7,188.90 crore over the next five years.
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