Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter saw a growth of more than 100% from the same quarter last year to ₹244.4 crore from ₹108 crore earlier. Margins for the period expanded by close to 270 basis points from the year-ago period to 35.6% from 32.9% last year.
Hindustan Copper’s financial performance during the quarter was aided by a rally in Copper prices in the global markets. Prices have now dipped below the mark of $13,000 mark, with stockpiles and China demand in focus.Hindustan Copper plans to expand mine capacity from around 4 MT to over 12 MT, with capital expenditure of about ₹2,000 crore over the next five to six years.
Its management has guided for volume growth of about 20% in FY26 with margins above 40% while stating that cost of production is roughly $5,500 per tonne.
Shares of Hindustan Copper are fluctuating between gains and losses, having recovered from the early morning lows to trade 0.6% lower at ₹609.8. The stock has risen 150% over the last 12 months, most of which has come in the month of December and January itself.
