Hindustan Copper Limited reported strong financial growth for the fiscal year ended March 31, 2026. The company achieved an annual revenue of ₹3,077.92 crore and a net profit of ₹920.67 crore. The Board of Directors has recommended a final dividend of ₹1.86 per share for the 2025-26 financial year. Additionally, the company plans to raise capital through a Qualified Institutional Placement (QIP) and issue non-convertible debentures to fund future expansion.
Financial Performance Overview
For the financial year ended March 31, 2026, Hindustan Copper Limited recorded a revenue from operations of ₹3,077.92 crore, compared to ₹2,070.96 crore in the previous year. The company’s net profit for the year stood at ₹920.67 crore, a significant increase from ₹468.53 crore reported in the prior fiscal year. The earnings per share (EPS) for the year was ₹9.52.
Dividend Recommendations
Recognizing the company’s robust performance, the Board of Directors has recommended a final dividend of ₹1.86 per equity share (face value of ₹5/- each). This is in addition to the interim dividend of ₹1.00 per share already paid out on March 5, 2026. The final dividend payout is subject to approval by shareholders at the upcoming Annual General Meeting.
Strategic Capital Raising Plans
To support its ambitious capital expenditure and expansion plans, the company intends to raise funds through two primary channels. First, the Board has proposed the issuance of secured or unsecured non-convertible debentures or bonds on a private placement basis, up to a limit of ₹500 crore. Second, the company aims to raise capital via a Qualified Institutional Placement (QIP) involving up to 9,69,76,680 equity shares, subject to necessary approvals.
Operational Highlights
The company maintains a focus on mining and processing copper ore. Despite some ongoing legal and procedural matters, including pending land lease deeds for the Gujarat Copper Project and specific tax-related arbitration cases, the Board and management remain committed to growth. The audit report remains unmodified, reflecting a stable operational and financial outlook for the coming year.
Source: BSE
