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Hindustan Copper Skyrockets on Q2 Profit Surge

12 Nov

Summary

Net profit jumped 179% year-on-year for the September quarter.
Revenue from operations surged 64% to Rs 1,175.24 crore.
Company attributes profit growth to higher volumes and metal prices.

Hindustan Copper Ltd. experienced a significant surge in its share price, climbing over 7 percent in early trade on November 12, 2026. This rally followed the company's announcement of a 179% year-on-year increase in its standalone net profit for the second quarter of the financial year 2026-27.

The company reported a net profit of Rs 519.54 crore for the quarter, a substantial rise from Rs 186.02 crore in the same period last year. Revenue from operations grew by 64 percent to Rs 1,175.24 crore, driven by higher sales volumes and elevated metal prices. Profit before tax saw an impressive 180 percent jump.

Hindustan Copper attributed its enhanced profitability to operational excellence and sustained productivity, benefiting from strong global copper prices. The company's earnings per share (EPS) rose significantly to Rs 5.36 in the reviewed quarter. For the first half of FY27, EBITDA stood at Rs 1,268 crore with a margin expansion to 60 percent.

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