3 weeks ago
Hindustan Copper Q1 Profit Jumps 162% To ₹352 Crore
Hindustan Copper is a company owned by the government of India that digs copper ore out of the ground.
In the first three months of this financial year, the company earned a lot more money than it did last year.
Its profit grew by about 162 percent, reaching ₹352 crore.
The money it got from selling its products also went up by about 81 percent.
Copper is an important metal used to make wires and other things, so mining it matters a lot.
Hindustan Copper is the only company in India that mines copper ore.
It runs mines in three Indian states: Madhya Pradesh, Rajasthan, and Jharkhand.
The company plans to spend about ₹7,189 crore over the next five years to get more copper.
It wants to nearly triple how much ore it can dig each year by 2029-30.
Earning much more money means the company did a very good job this quarter.
Hindustan Copper's consolidated net profit jumped 162.4% to ₹352.37 crore in the April-June 2026 quarter, from ₹134.25 crore a year earlier.
Revenue from operations rose 81.3% to ₹936.50 crore, up from ₹516.37 crore in the year-ago period.
Total expenses increased to ₹481.83 crore from ₹347.29 crore in the corresponding quarter of the previous fiscal.
The state-owned firm plans a capital expenditure of ₹7,188.90 crore over five years to expand mining operations.
HCL, India's only copper ore mining company, projects ore production rising from 4.21 MTPA in 2025-26 to 12.20 MTPA by 2029-30.
- Who
- Hindustan Copper Limited (HCL), a state-owned Mini-Ratna Central Public Sector Enterprise under India's mines ministry.
- What
- Reported a 162.4% jump in consolidated net profit to ₹352.37 crore and an 81.3% rise in revenue to ₹936.50 crore for the April-June 2026 quarter.
- Where
- India — with copper mines in Malanjkhand (Madhya Pradesh), Khetri (Rajasthan) and Ghatsila (Jharkhand), plus smelting/refining facilities in Jhagadia (Gujarat) and Taloja (Maharashtra).
- When
- Quarter ended June 30, 2026; results announced on Monday, August 10, 2026.
- Why
- Higher revenues drove the sharp profit growth, and the company is expanding mining operations to boost future copper output.
Key facts
- Company
- Hindustan Copper Limited (HCL), state-owned Mini-Ratna PSU under the mines ministry
- Net profit (Apr-Jun 2026)
- ₹352.37 crore, up 162.4%
- Year-ago net profit
- ₹134.25 crore
- Revenue from operations
- ₹936.50 crore, up 81.3%
- Total expenses
- ₹481.83 crore (vs ₹347.29 crore year ago)
- Five-year capex plan
- ₹7,188.90 crore
- Ore production target
- 4.21 MTPA (2025-26) to 12.20 MTPA by 2029-30
- Exchange filing
- Results filed with the BSE
Sources
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