Sector: Metals and Mining
Hindustan Copper Ltd. reported a standalone net profit of Rs. 519.54 crore for Q2 FY27, registering a 179% YoY growth compared with Rs. 186.02 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 64% to Rs. 1,175.24 crore from Rs. 718.04 crore in Q2 FY26, supported by higher sales volumes and improved realisations.
Profit before tax increased to Rs. 695.43 crore from Rs. 248.63 crore in the year-ago period. The company also recorded a strong first-half performance, with net profit rising 172% YoY to approximately Rs. 872 crore. Higher copper prices, improved production volumes and operational efficiency contributed to the growth. The company’s performance is significant amid increasing demand for copper from power infrastructure, electric vehicles, renewable energy and industrial applications.
Source: Moneycontrol
