Hindustan Copper reports robust growth, outlines ambitious expansion plans

Hindustan Copper Limited (HCL) announced a 54% surge in profit before tax (PBT) to ₹633.51 crore for FY 2024-25, up from ₹410.43 crore in the previous year. Revenue from operations increased by 21% year-on-year to ₹2070.97 crore, while profit after tax (PAT) grew by 42% to ₹468.53 crore. The company also declared its highest-ever dividend of 29.20%, or ₹1.46 per share on ₹5 face value, totaling approximately ₹141.19 crore.

HCL plans significant expansion, aiming to increase mine production capacity from the current level to 12.2 MTPA by FY 2030-31. Key projects include enhancing ore production at Malanjkhand Copper Project (MCP) from 2.5 MTPA to 5.0 MTPA and expanding Khetri Copper Complex (KCC) from 1.0 MTPA to 2.9 MTPA. In FY 2024-25, MCP achieved its highest-ever ore production of 27.25 lakh tonnes.

The company also announced strategic alliances, including a MoU with CODELCO for knowledge exchange and partnerships with Indian industry leaders to secure critical mineral supplies. HCL’s exploration activities added 12.05 million tonnes of Copper Ore to its reserves in FY 2024-25, bringing total reserves and resources to 767.37 million tonnes as of April 1, 2025.