Share price of Hindustan Copper Ltd. was up over 5% in early trade on Wednesday, after the company reported robust March-quarter financials.
Net profit of the company nearly tripled to Rs 187 crore from Rs 63 crore on a quarterly basis. Revenue from operations surged as high as 123% to Rs 731 crore, as compared to Rs 328 crore in the December quarter, while earnings before interest, taxes, depreciation and amortisation also shot up 148% to Rs 267 crore in the quarter under review.
Margins expanded 370 basis points to 36.5%, up from 32.8% in the third quarter of fiscal 2025.
The company's board also recommended a dividend of Rs 1.46 per share. The date of payment of dividend shall be intimated after approval in the annual general meeting, as per an exchange filing.
Hindustan Copper Q4 Highlights (Consolidated, QoQ)
Revenue up 123.1% to Rs 731.40 crore versus Rs 327.77 crore.
Ebitda up 148% to Rs 266.70 crore versus Rs 107.57 crore.
Margin at 36.5% versus 32.8%.
Net profit up 198% to Rs 187.18 crore versus Rs 62.87 crore.
Hindustan Copper Share Price Today
The scrip rose as much as 5.24% to Rs 257.90 apiece, the highest level since Dec. 27, 2024. It pared gains to trade 2.95% higher at Rs 252.30 apiece, as of 09:54 a.m. This compares to a 0.14% decline in the NSE Nifty 50.
It has risen 1.85% on a year-to-date basis, but has fallen 32.45% in the last 12 months. The relative strength index was at 65.78.
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