Hindustan Copper Q3 Profit Soars 147% to ₹156 Crore on Higher Copper Prices

• Hindustan Copper Limited 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 doubled year-on-year to ₹687.3 crore, up from ₹327.8 crore in the same period last year.
• EBITDA increased over 100% to ₹244.4 crore, with margins rising by 270 basis points to 35.6%.
• The strong financial performance was primarily driven by a surge in global copper prices.
• Hindustan Copper plans to expand mine capacity from 4 MT to over 12 MT in 5-6 years with a ₹2,000 crore capital expenditure, targeting 20% volume growth and over 40% margin by FY26.