State-owned Hindustan Copper, the country’s only copper miner, on Tuesday reported 82.96 per cent year-on-year increase in consolidated net profit at ₹186.02 crore for the second quarter of this fiscal, backed by 38.57 per cent y-o-y growth in revenue during the period.
The Kolkata-based company, a Miniratna Category-1 CPSE under the Ministry of Mines, had posted a net profit of ₹101.67 crore for the second quarter last fiscal.
In Q2FY26, revenue from operations rose to ₹718.04 crore, from ₹518.19 crore in Q2FY25, buoyed by higher volume and metal prices.
In the first half of the current financial year, the company’s net profit stood at ₹320.30 crore, posting an increase of 48.93 per cent y-o-y. Revenue from operations in H1 was ₹1,234.41 crore, compared to ₹1,011.79 crore in the year-ago period, an increase of 22 per cent y-o-y.
EBIDTA margin registered a 430 basis points increase at 41.75 per cent in H1FY26, compared to 37.45 per cent in H1FY25, the company said in a statement.
Sanjiv Kumar Singh, Chairman-cum-Managing Director, Hindustan Copper, said the second quarter and first-half results are a testament to the hard work and commitment of all employees and stakeholders. “The profit has been achieved through operational excellence, sustained productivity, supported by higher volume and metal prices when compared to the immediately preceding Q1FY26 quarter,” said Singh.
critical minerals
India is taking decisive steps to secure supply of critical minerals that power the country’s microchips, batteries, electric vehicles, drive clean energy, AI systems, semiconductor and AI technologies.
“However, these are mostly locked up in rocks that need specialised mineral processing for extraction. With its unique expertise in hard rock mining, Hindustan Copper Ltd is one of the few companies ideally placed to make a foray in the critical mineral sector and provide valuable service to our nation. In line with this vision, HCL is looking beyond the frontiers,” said the CMD.
The company has collaborated with leading PSUs and Codelco, the world’s largest copper miner in Chile. “HCL is also scouting for critical and strategic mineral assets abroad,” Singh added.
On Tuesday, the company’s shares closed 6.54 per cent higher at ₹360.05 apiece on the BSE.
Published on November 11, 2025
