Hindustan Copper reports record profit, plans major expansion

Hindustan Copper Limited (HCL) reported a highest ever PAT of ₹469 crore and a PBT of ₹634 crore for FY24-25. Revenue from operations reached a record ₹2071 crore, with a dividend declared of ₹141 crore. The company also achieved its highest ever production from Malanjkhand Mine, totaling 27.25 lakh tonne ore. As of August 29, 2025, HCL's market capitalization stood at ₹22,222 crore.

HCL, a 'Miniratna' Category 1 CPSE, is the sole vertically integrated producer of refined copper in India. It holds 755.32 million tonnes of copper ore reserves and resources with an average grade of 0.95%. The company has access to about 45% of India's copper ore reserves and resources, out of India's total copper ore reserves of 164 million tonnes.

The company is implementing a significant mining expansion plan, targeting an increase in capacity from around 4 MTPA to 12.20 MTPA by FY30-31. This includes expansion of underground mines, installation of new concentrator plants at Malanjkhand, and re-opening of Rakha and restarting Kendadih mines at Indian Copper Complex. Capital expenditure of approximately ₹2,000 crore is projected over the next 5-6 years to support these initiatives.