Mumbai: Hindustan Copper Limited (HCL) reported strong financial performance for the first quarter of FY27, with revenue from operations increasing 81% year-on-year to ₹936.50 crore. Profit After Tax (PAT) rose 163% to ₹352.61 crore for the quarter ended June 30, 2026.
The company’s Board of Directors approved the unaudited standalone and consolidated financial results at its meeting held on August 10, 2026.
Hindustan Copper Q1 FY27 Financial Performance
HCL recorded significant growth across key financial parameters during Q1 FY27.
- Revenue from Operations: ₹936.50 crore, up 81% from ₹516.37 crore in Q1 FY26.
- Total Income: ₹953.60 crore, up 81% from ₹526.65 crore.
- Profit Before Tax (PBT): ₹471.77 crore, up 163% from ₹179.36 crore.
- Profit After Tax (PAT): ₹352.61 crore, up 163% from ₹134.28 crore.
- Basic EPS: ₹3.65, compared with ₹1.39 in the year-ago quarter, reflecting a 163% increase.
The sharp rise in revenue and profitability highlights the company’s strong operating performance during the quarter.
Read also: Hindustan Copper Limited Signs MoA with CSIR-NML to Advance Mining and Metallurgical Research
EBITDA More Than Doubles
Hindustan Copper’s EBITDA stood at ₹507.5 crore in Q1 FY27, more than double the ₹212.3 crore recorded in the corresponding quarter of the previous year.
The company’s EBITDA margin improved to 54%, compared with 41% in Q1 FY26, indicating a significant improvement in operating profitability.
Consolidated Q1 FY27 Results
On a consolidated basis, Hindustan Copper reported:
- Revenue from Operations: ₹936.50 crore
- Net Profit after share of Joint Venture: ₹352.37 crore
- Basic EPS: ₹3.64
The consolidated results also reflected the company’s strong financial performance during the quarter.
Board Meeting and Regulatory Filing
The HCL Board meeting began at 10:30 AM on August 10, 2026, and concluded at 1:15 PM.
The company submitted its financial results to the BSE and NSE in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.
Copper Prices Support Positive Outlook
The strong quarterly performance comes amid a firm global copper market. Global copper prices have recorded gains for six consecutive weeks, supported by tight supplies and easing concerns over a potential US interest rate hike following the latest jobs data.
Copper prices crossed the $14,000-per-tonne mark last week, reaching their highest intraday level since late January. Market analysts expect copper prices to remain elevated going forward, supported by supply constraints and continued demand.
Higher copper prices can provide a supportive operating environment for copper producers such as Hindustan Copper.
Hindustan Copper Share Price Reaction
Shares of Hindustan Copper were trading 1.2% higher at ₹542.75 on Monday following the announcement of the Q1 FY27 results.
The stock has gained around 4% so far in 2026, according to the information available at the time of the results announcement.
HCL Focuses on Copper Mining and Processing
Hindustan Copper continues to focus on its core business of mining and processing copper ore into copper concentrate and producing continuous copper wire rods. The company’s performance in Q1 FY27 was supported by strong revenue growth, higher profitability and improved EBITDA margins.
About Hindustan Copper Limited
Hindustan Copper Limited (Hindustan Copper Limited) is a Government of India-owned Miniratna company engaged in copper mining, beneficiation, smelting, and refining. The company plays a key role in meeting India’s domestic copper demand and contributes significantly to the country’s mining and metals sector.
Read also: Hindustan Copper Limited Names Anupam Misra as New CMD, Effective July 1, 2026
