Hindustan Copper Q3 Profit Doubles to ₹156 Crore, Revenue Jumps on Higher Prices

• Hindustan Copper Ltd. reported a net profit of ₹156 crore for the December quarter, more than double the ₹63 crore from the previous year.
• Revenue for the quarter also doubled to ₹687.3 crore, up from ₹327.8 crore in the year-ago period.
• EBITDA grew over 100% to ₹244.4 crore, with margins expanding by 270 basis points to 35.6%.
• The strong financial performance was primarily driven by a rally in global copper prices.
• The company plans a ₹2,000 crore capital expenditure to expand mine capacity from 4 MT to over 12 MT over the next 5-6 years.