Hindustan Copper Q3 FY26: 148% increase in YoY Profits, Announces Dividend

By Ventura Research Team 2 min Read Feb 6, 2026

Hindustan Copper Limited (HCL), India’s only vertically integrated copper producer and a Miniratna Category-I CPSE under the Ministry of Mines, delivered an exceptional performance in the third quarter of FY26. The company reported significant growth across revenue, profitability, and operational metrics, while also announcing an interim dividend for its shareholders.

Hindustan Copper Q3 FY26 Results

For the quarter ended December 31, 2025, Hindustan Copper recorded revenue from operations of ₹687.34 crore, a remarkable year-on-year (YoY) increase of 109.7% from ₹327.77 crore in Q3 FY25. Total income for the period rose to ₹705.31 crore, up 105.28% from ₹343.57 crore in the corresponding quarter of the previous fiscal year.

This strong top-line growth reflects increased demand for the company’s copper products and improved operational efficiency at its mining and refining units. The nine-month revenue performance also remained robust, with operations generating ₹1,921.84 crore, a 43.47% growth over ₹1,339.56 crore in the same period last year.

Hindustan Copper’s profitability showed outstanding improvement in Q3 FY26. The company reported a consolidated net profit of ₹156.30 crore, marking a 148% increase from ₹62.90 crore in Q3 FY25. Profit before tax (PBT) rose even more sharply to ₹212.53 crore, up 151.62% YoY.

The earnings per share (EPS) also reflected this growth, increasing to ₹1.62 from ₹0.65 in the same quarter last year, a jump of 149.23%. For the nine-month period, net profit reached ₹476.61 crore, a 71.42% increase from ₹277.99 crore in the previous year, while EPS grew to ₹4.93 from ₹2.88.

Hindustan Copper Declares Interim Dividend

Recognising its strong financial performance, the company announced an interim dividend of ₹1 per equity share, which represents 20% of the face value of ₹5 each. The record date for determining shareholder eligibility is February 13, 2026.

Despite the strong quarterly results, Hindustan Copper shares were trading over 3% lower at ₹584.75 on the NSE. Before the announcement, the stock came under selling pressure, falling 24% to ₹555 from an all-time high amid a broader decline in copper prices and a strengthening US dollar.

Globally, copper prices have been volatile due to rising inventories in London Metal Exchange and Shanghai warehouses, slowing demand from Chinese fabricators ahead of Lunar New Year holidays, and expectations of increased refined copper output in China. Benchmark three-month copper on the LME dropped to $12,925 per ton, while the dollar index strengthened above 97.5, putting additional pressure on greenback-denominated commodities.