The shares of the prominent copper producer gained up to 5 percent in today’s trading session after the company’s net profit and revenue increased by 196 percent and 123 percent QoQ, respectively, in Q4.
With a market capitalization of Rs 24,344.83 crore, the shares of Hindustan Copper Ltd were trading at Rs 251.75 per share, increasing around 2.76 percent as compared to the previous closing price of Rs 245.00 apiece.
Q4 Highlights
The shares of Hindustan Copper have seen positive movement after reporting positive Q4 results, revenue increased by 123 percent on a quarter-on-quarter basis from Rs 328 crore in Q3FY25 to Rs 731 crore in Q4FY25. Further, revenue increased by 29 percent year on year, from Rs 565 crore in Q4FY24 to Rs 731 crore in Q4FY25.
The company’s net profit increased by 196 percent on a quarter-on-quarter basis, from Rs.63 crore in Q3FY25 to Rs 187 crore in Q4FY25. Further, net profit magnified significantly by 50 percent year on year from Rs 124 crore in Q4FY24 to Rs 187 crore in Q4FY25.
The company posted a strong FY24- 25 performance, with revenue magnified 21 percent from Rs 1,717 crore to Rs 2,071 crore. Net profit jumped 57 percent, from Rs 295 crore to Rs 465 crore, reflecting positive profitability over the previous financial year. The Board recommended a dividend for the financial year 2024-25 at Rs.1.46 per share of the face value of Rs 5 each for shareholders.
The company has copper mines and concentrator plants in the Malanjkhand Copper Project at Madhya Pradesh (MCP), Khetri Copper Complex at Rajasthan (KCC), and Indian Copper Complex, Ghatsila at Jharkhand (ICC).
Hindustan Copper Limited is an India-based vertically integrated copper-producing company. The Company is primarily engaged in the business of mining and processing of copper ore. The principal activities of the Company are exploration, exploitation, mining of copper and copper ore, including beneficiation of minerals, smelting, and refining.
Written by Abhishek Singh
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