Synopsis
Hindustan Copper’s share price jumped 4% after the company reported a solid 134% rise in its net profit year-on-year to Rs 444 crore for the March quarter. Revenue also jumped 58% to Rs 1,156 crore, driven by improved operational efficiency and profitability. The company also announced plans to raise funds for expansion and recommended a dividend of Rs 1.86 per share.
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ETMarkets.comHindustan Copper shares rose 4 per cent to its daily high of Rs 592 on the NSE on Monday after the company reported a consolidated net profit of Rs 444 crore for the March quarter, significantly higher than the Rs 189 crore posted during the same period last year, marking a 134 per cent year-on-year (YoY) increase.
Operational revenue soared 58 per cent to Rs 1,156 crore in the fourth quarter of FY26, compared to Rs 731 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing on Friday.
EBITDA jumped to Rs 627 crore from Rs 266 crore in the corresponding quarter last year. Operating margin improved significantly from 36.4% to 54.3%, supported by improved operational efficiency and stronger profitability.
On a sequential basis, profit after tax jumped 184% from Rs 156 crore reported in Q3 FY26. Revenue also grew 68% quarter-on-quarter (QoQ) from Rs 687 crore reported in the October-December period.
Total expenses during the quarter stood at Rs 597 crore, compared to Rs 397 crore in Q3FY26 and Rs 519 crore in Q4FY25. This reflects a 50% sequential increase and a 15% year-over-year increase. Expenses were incurred for raw material consumption, employee benefits, financial charges, and electricity and fuel expenses.
For the full financial year, Hindustan Copper recorded a turnover of Rs 3,078 crore against Rs 2,071 crore, registering a growth of 49%. Net profit for FY26 stood at Rs 921 crore, up 97% from Rs 467 crore reported in the previous fiscal.
The board also approved a proposal to raise up to Rs 500 crore through non-convertible debentures (NCDs) or bonds through private placement. Further, the company also cleared plans to raise funds through qualified institutional placement (QIP) of up to 9.69 crore shares to finance capital expenditure and expansion projects approved by the Cabinet Committee on Economic Affairs (CCEA).
The company has also outlined a broader digital transformation roadmap that includes ERP modernization, deployment of 5G private networks, AI and machine learning-based analytics, and integrated command centers to support its long-term growth plans.
The board has also recommended a dividend of Rs 1.86 per share for FY26. The payment will be made after the approval of shareholders at the next annual general meeting (AGM), while the payment date will be announced separately.
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