Hindustan Copper appoints Khetan, Daolagupu as independent directors

Hindustan Copper Limited ( Hindustan Copper ) announced the appointment of two new independent directors to its board following an order from the Ministry of Mines, Government of India.

Shri Ashish Kumar Khetan and Smt. Madhumita Daolagupu have been appointed as part-time non-official (independent) directors for a term of three years. The appointments are effective from the date of the notification issued on August 14, 2026, or until further orders, whichever is earlier.

Appointment Details

The Ministry of Mines conveyed the decision vide Order No. Met.3-10/2/2020-Met.III dated August 14, 2026. The order was issued in pursuance of Article 70 of the Articles of Association of Hindustan Copper Limited.

The appointed directors are:

Ashish Kumar Khetan
Madhumita Daolagupu

Regulatory Compliance

Hindustan Copper stated it will undertake necessary actions to complete statutory formalities regarding the appointments. The company will disclose requisite details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with the SEBI Circular dated January 30, 2026.

The intimation was submitted pursuant to Regulation 30 of the SEBI LODR Regulations for information and record purposes. Mritunjay Kumar Dev, Company Secretary & Compliance Officer, signed the disclosure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.83%	-3.10%	+6.25%	-10.58%	+118.44%	+299.89%

Hindustan Copper Limited reported a consolidated net profit of ₹352.37 crore for the quarter ended June 30, 2026, signaling a robust start to FY27. The Government of India enterprise saw its bottom line surge by 162% year-on-year, compared to ₹134.25 crore in Q1FY26. This performance underscores strong operational momentum and favorable market conditions for copper producers.

The Board of Directors approved the standalone and consolidated unaudited financial results on August 10, 2026. The results were filed with the stock exchanges pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Independent Auditor’s Report accompanied the financial statements, which are available on the company’s website.

Financial Performance Highlights

Total income for the quarter stood at ₹953.60 crore, a significant increase from ₹526.65 crore recorded in the corresponding period of the previous fiscal year. Pre-tax profits, before considering the share of profit or loss from subsidiaries and non-controlling interests, reached ₹471.77 crore, up from ₹179.36 crore in Q1FY26.

Particulars	Q1FY27 (₹ cr)	Q1FY26 (₹ cr)	YoY Change
Total Income	953.60	526.65	+81.1%
Net Profit (Pre-tax)	471.77	179.36	+163.0%
Net Profit (Post-tax)	352.37	134.25	+162.5%

For the full year ended March 31, 2026, Hindustan Copper reported a total income of ₹3,149.67 crore and a net profit of ₹918.54 crore. The quarterly figures indicate a continued strong trajectory into the new fiscal year.

What the Numbers Show

The substantial jump in both top-line and bottom-line metrics suggests improved realization rates or volume growth in copper sales. With total income rising by over 80%, the company appears to be benefiting from sustained demand or price stability in the global metals market. The pre-tax profit margin expanded significantly, reflecting efficient cost management alongside revenue growth. Investors should monitor subsequent quarters to determine if this performance is sustainable amid potential fluctuations in commodity prices.