Metal PSU Falls 6%; Q4 Profit Jumps 134% YoY

Hindustan Copper shares closed at Rs 570.25, down 5.97 per cent for the day, significantly underperforming the broader market despite the company reporting strong Q4FY26 earnings growth.

The stock opened at Rs 598 and touched an Intraday high of Rs 598 before declining sharply to a low of Rs 568. Trading activity remained elevated, with volumes at 84.90 lakh shares compared to the 30-day average volume of 82.80 lakh shares.

In comparison, the Nifty 50 ended the session at 23,643.50, down 0.19 per cent. Hindustan Copper’s decline of 5.97 per cent was significantly steeper than the benchmark index fall, indicating sharp underperformance during the session.

Hindustan Copper Q4FY26 Results
Hindustan Copper reported revenue from operations of Rs 1,156.08 crore in Q4FY26 as against Rs 731.40 crore reported in Q4FY25, registering a growth of around 58 per cent YoY and 68.3 per cent QoQ.

Other income stood at Rs 32.68 crore during the quarter compared to Rs 45.88 crore reported in the corresponding quarter of the previous year. Total income came in at Rs 1,188.76 crore in Q4FY26 as against Rs 777.28 crore reported in Q4FY25, reflecting a growth of around 52.9 per cent YoY.

Profit before Tax came in at Rs 592.21 crore compared to Rs 258.53 crore in Q4FY25. Profit after tax for continuing operations stood at Rs 444.06 crore in Q4FY26 as against Rs 189.48 crore reported in Q4FY25, reflecting a growth of around 134 per cent YoY.

Hindustan Copper FY26 Performance
For the financial year ended March 31, 2026, Hindustan Copper reported revenue from operations of Rs 3,077.92 crore as against Rs 2,070.96 crore reported in FY25, registering a growth of around 49 per cent annually.

Other income stood at Rs 71.75 crore in FY26 compared to Rs 77.27 crore in FY25. Total income came in at Rs 3,149.67 crore in FY26 as against Rs 2,148.23 crore in FY25, reflecting a growth of around 46.6 per cent on an annual basis.

Profit before tax for FY26 came in at Rs 1,232.72 crore compared to Rs 632.40 crore in FY25, a growth of around 95 per cent YoY. Profit after tax for continuing operations came in at Rs 920.66 crore in FY26 compared to Rs 467.42 crore in FY25, registering a growth of around 97 per cent annually.

Dividend Declaration And Fund Raising Plans
The board recommended a final dividend of Rs 1.86 per equity share of face value Rs 5 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting. This is in addition to the interim dividend of Rs 1 per share already paid during March 2026.

The company’s board also approved seeking shareholder approval to raise funds through the Qualified Institutional Placement (QIP) route. Hindustan Copper plans to issue up to 9,69,76,680 equity shares in one or more tranches to support capex and expansion plans approved by the Cabinet Committee on Economic Affairs (CCEA).

About the Company
Hindustan Copper Limited is a Government of India enterprise engaged in copper ore mining, beneficiation, SMElting, refining and downstream copper product manufacturing. The company operates across the copper value chain and is one of India’s key integrated copper producers.

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Disclaimer: This article is for informational purposes only and not investment advice.