Hindustan Copper Q4 Net Profit Rises 52% to ₹189 Crore

28 May 2025 , 10:20 AM

State-run Hindustan Copper Ltd’s consolidated net profit for the quarter ended 31 March 2025 grew 51.8% year-on-year, standing at ₹189.48 for the quarter that ended compared to ₹124.75 for the corresponding quarter last year.

Hindustan Copper Ltd Consolidated March 2025 Net Sales ₹3,923.57 crore, up 38.93% Y-o-Y Consequently, the stock of the company was trading at ₹219.80 on BSE (Bombay stock exchange) on May 26,2025.

The company’s consolidated revenue moved up to ₹777.28 crore in Q4 FY25 from ₹585.22 crore in Q4 FY24 due to higher operational activities and better realisation off revenue. Total expenses during the March quarter rose to ₹518.75 crore from ₹401.49 crore in the corresponding period last year on account of higher raw material costs and expansion plans.

Hindustan Copper is the only vertically integrated producer of copper in India, from mining to the manufacture of copper rods, a products used in electricals. It is a public sector undertaking of the Ministry of Mines, Government of India It is a Mini Ratna company and also holds the prestigious ISO 9001 certification.

The firm’s operational mining assets are in Malanjkhand in Madhya Pradesh, Khetri in Rajasthan and Ghatsila in Jharkhand. It has also got a primary smelter and refinery at Ghatsila, secondary smelter and refinery at Jhagadia (Gujarat) and continuous cast copper wire rod plant at Taloja (Maharashtra).

The smelting/refining units at Jhagadia and Ghatsila, however, were idled in 2019 over concerns about their commercial viability. The Taloja plant is now working on third party tolling basis.

For FY25, the company’s Board of Directors has proposed a final dividend at ₹1.46 per equity share (based on a face value of ₹5), further subject to approval of the shareholders at the Annual General Meeting.

The Board has also approved the proposal to seek shareholders’ nod to raise around ₹500 crore by way of private placement of secured/unsecured non-convertible debentures (NCDs). As on 31 March 2025, the authorised capital of Hindustan Copper was ₹1,100 crore, while its paid up capital was ₹483.51 crore. The Government of India has a Majority shareholding of 66.14% in the company.