Hindustan Copper Share Price Surges 4% Following Strong Q4 Earnings

Hindustan Copper Sees Sharp Profit Jump, Share Price Rises

On Monday, 18 May, Hindustan Copper's share price surged nearly 4% after the company released its Q4 results, showcasing a significant increase in consolidated net profit.

The state-run Hindustan Copper reported a substantial 137.3% year-on-year jump in consolidated net profit to ₹444.27 crore for the quarter ended 31 March 2026. This sharp rise is attributed to the strong growth in revenue. In comparison to the corresponding quarter last year, the company had posted a consolidated net profit of ₹187.18 crore.

The company's revenue from operations during the March quarter rose by 58% to ₹1,156 crore, compared to ₹731.40 crore a year ago. The board of directors has recommended a final dividend of ₹1.86 per equity share for FY26, subject to shareholder approval.

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In addition to the dividend recommendation, the board approved the raising of up to ₹500 crore through non-convertible debentures (NCDs) on a private placement basis. Furthermore, Hindustan Copper obtained board approval to raise funds through a Qualified Institutional Placement (QIP) of up to 9.69 crore equity shares to finance capital expenditures and expansion plans authorised by the Cabinet Committee on Economic Affairs (CCEA).

Hindustan Copper operates as a central public sector enterprise under the Ministry of Mines and is the sole company in India engaged in copper ore mining, possessing all active copper mining leases in the nation.