Hindustan Copper to Announce Q4 Results, Consider Dividend on May 27
Hindustan Copper Ltd. will release its Q4 and full fiscal year results on May 27. The board will also consider recommending a dividend. A trading window closure is in effect from April 1 to May 29. The company's Q3 results showed a decline in profitability and revenue. The stock has seen a 10% increase over the past month but a 34.39% decline over the past year.
22May 25
Hindustan Copper to Consider ₹500 Crore Debenture or Bond Issue, Reports Q4 Results
Hindustan Copper Ltd's board will meet on May 27 to discuss issuing non-convertible debentures or bonds worth up to ₹500 crore via private placement. The company reported Q4 results with a net profit of ₹124.80 crore (down 6%) and revenue of ₹565.00 crore (flat). The EBITDA margin stood at 39.95%.
Hindustan Copper Inks Cooperation Agreement with Chile's Codelco for Mining Exploration
Hindustan Copper Limited (HCL) has executed a cooperation agreement with Chile's state-owned Corporacion Nacional Del Cobre De Chile (Codelco). The agreement aims to identify and implement joint activities in exploration, mining, and mineral beneficiation. While not legally binding, it focuses on knowledge sharing and potential strategic partnerships. HCL expects to enhance its exploration capabilities, improve mining techniques, and advance mineral processing methods through this collaboration.
02Apr 25
Hindustan Copper Forges Strategic Partnership with Chile's Codelco
Hindustan Copper Limited (HCL) has signed a non-binding cooperation agreement with Corporacion Nacional Del Cobre De Chile (Codelco), the world's largest copper producer. The agreement, received on April 2, 2025, aims to foster collaboration in exploration, exploitation, and mineral beneficiation. Both companies will share experiences and knowledge, identify joint activities, and explore strategic partnerships. While not legally binding, this agreement represents a significant step towards enhancing HCL's global presence and expertise in the mining sector.
Hindustan Copper Achieves Record-Breaking Performance in FY 2024-25
Hindustan Copper Limited (HCL) reported exceptional performance at its Malanjkhand Copper Project (MCP) for FY 2024-25. The company achieved its highest-ever annual ore production of 27,25,206 tonnes, surpassing its target by 3%. MCP also set a new monthly production record in March 2025 with 3,00,363 tonnes. Milling operations processed 24,34,285 tonnes of copper ore, while Metal in Concentrate production reached 19,270 tonnes, the highest in five years. Additionally, the Ministry of Mines appointed Shri Avinash Janardan Bhide as a Non-Official (Independent) Director on HCL's Board for one year, effective April 1, 2025.
01Apr 25
Hindustan Copper Achieves Record-Breaking Annual Ore Production and Significant Milestones in FY 2024-25
Hindustan Copper Limited's Malanjkhand Copper Project (MCP) has set new records in FY 2024-25. The project achieved its highest-ever annual ore production of 2,725,206 tonnes, exceeding the target by 3%. Ore processing reached 2,434,285 tonnes, while metal in concentrate production was 19,270 tonnes. March 2025 saw exceptional performance with ore production at 300,363 tonnes, surpassing the monthly target by 33%. The company also appointed Shri Avinash Janardan Bhide as a Non-Official (Independent) Director for one year from April 1, 2025.
Hindustan Copper Limited has entered into a 20-year contract with a JSW Group firm, projecting revenue of ₹2,400 crore over the period. The agreement includes reviving the Rakha mine in Jharkhand, aiming to boost domestic copper production and reduce India's reliance on imports. This strategic move is expected to strengthen Hindustan Copper's market position and contribute to India's self-reliance in critical industrial materials.
22Mar 25
Hindustan Copper Ltd. Welcomes New Leadership: Sanjiv Kumar Singh Takes Helm as CMD
Sanjiv Kumar Singh has been appointed as the new Chairman and Managing Director of Hindustan Copper Ltd, effective March 21, 2025, until June 30, 2026. Singh brings 38 years of experience in the public sector, specializing in mine planning and design. He holds a B. Tech and M. Tech in Open Cast Mining and an MBA in Finance. Singh's career includes roles at CMPDIL, NTPC Limited, and international exposure in Indonesia and Australia. The company also announced the conclusion of Smt. Hemtala Verma's tenure as an Independent Director on March 21, 2025.