Hindustan Copper Nine-Month PAT Rises 71 Per Cent
Profit Before Tax (PBT) for the nine-month period rose to Rs 6,405.1 mn, an increase of 71 per cent over Rs 3,738.7 mn in the year-ago period, while Profit After Tax (PAT) reached Rs 4,742.7 mn compared with Rs 2,779.4 mn previously, representing a 71 per cent rise. EBITDA for the period was Rs 7,778.1 mn, with an EBITDA margin above 40 per cent compared with around 37 per cent in the prior nine months. The board noted that higher volumes and metal prices, together with sustained productivity, supported the improved performance.
The board declared an interim dividend of one rupee per share on the face value of Rs five per share. The company made a one-time provision of Rs 957.5 mn for a new Post-Retirement Medical Scheme based on an actuarial valuation conducted in accordance with Ind AS 19. Company leadership indicated that the reported results are after accounting for this provision and reflect operational excellence and stakeholder support.
Hindustan Copper highlighted its capability in hard rock mining and mineral beneficiation and said it is well placed to enter the critical minerals sector to support technologies such as microchips, batteries, electric vehicles and clean energy systems. The company signalled intent to leverage existing expertise to contribute to national priorities in technology and economic development. The results underscore the enterprise's strengthening financial position and strategic orientation.