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Hindustan Copper corrected a clerical error in its FY26 standalone cashflow statement regarding previous year cash balances. The revision has no impact on company profitability.
Hindustan Copper executed an NDA with CODELCO for Chilean mining sector exploration. Teams recently completed site studies for copper blocks, signaling international expansion progress.
Hindustan Copper Ltd reported revenue from operations of ₹1,156 Cr (+58.1% YoY) and net profit of ₹444.1 Cr (+134.4% YoY) for Q4 FY26.
Shri Ghanshaym Das Gupta assumed charge as Director (Mining) at Hindustan Copper Limited on May 14, 2026. He succeeds Shri Sanjeev Kumar Sinha in this role.
Hindustan Copper re-designated Mr. Purshotam Das Bohra as General Manager and Unit Head of Khetri Copper Complex. This leadership change aligns with internal management requirements.
Hindustan Copper designated Shri Purshotam Das Bohra as Unit Head for Khetri Copper Complex. This leadership change aligns with the company's senior management succession planning.
Hindustan Copper appointed Shri Ghanshyam Das Gupta as Director (Mining) until September 2030. This leadership addition follows a government mandate from the Ministry of Mines.
Hindustan Copper Limited appointed Shri Kulveer Singh Yadav as a Government Nominee Director. He replaces Shri Shakil Alam, bringing extensive industrial and administrative expertise.
Hindustan Copper Ltd has scheduled a board meeting on May 15, 2026, to consider financial results, dividend recommendations, and fund-raising proposals. The board will evaluate raising up to ₹500 crore via debentures and issuing over 9.69 crore equity shares through QIP.
Hindustan Copper Limited announced the cessation of Mr. Shakil Alam as a Non-Executive Nominee Director. The change was effective from May 4, 2026, following the completion of his tenure or withdrawal of nomination.
Hindustan Copper Limited has appointed Shri Kulveer Singh Yadav, Joint Secretary, Ministry of Mines, as a part-time Official (Government Nominee) Director. He replaces Shri Shakil Alam with immediate effect. This appointment follows a directive from the Ministry of Mines, Government of India.
Hindustan Copper Limited disclosed updates on 12 pending litigations and disputes as of May 2024. The cases involve various forums including the Supreme Court and High Courts, with aggregate financial implications and claims estimated at approximately ₹1,269.18 Crore. Key disputes include arbitration awards, tax demands, and contractual disagreements with vendors and municipal bodies.
Hindustan Copper Limited received reaffirmed credit ratings from ICRA Ltd for its Rs. 2200 Crore debt facilities. The Long-term rating is [ICRA]AA+ (Stable) and the Short-term rating is [ICRA]A1+. These ratings reflect the company's strong credit profile and financial stability.
Hindustan Copper Ltd submitted its initial disclosure under the SEBI Large Corporate framework for FY 2026-27. The company reported outstanding borrowings of ₹109.90 Crore as of March 31, 2026, and maintains an ICRA AA+ credit rating. It confirmed it does not meet the Large Corporate criteria under the revised October 2023 circular.
Hindustan Copper Ltd unveiled its 'Vision 2030' roadmap, outlining a ₹7,188.60 Crore capex plan for mine expansion through 2030. The strategy targets increasing ore production to 12.20 MTPA and modernizing operations through digital transformation. Profit after tax is projected to reach ₹1,568 Crore by 2030, driven by enhanced capacity and operational excellence.
Hindustan Copper Limited reported a fatal incident involving a civil contractor's employee at its Khetri Copper Complex on April 17, 2026. The company confirmed that there was no disruption to plant operations. This disclosure is submitted pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.
Hindustan Copper Ltd clarified that no negotiations are currently underway with CODELCO for a Joint Venture Company formation. The company confirmed an existing 2025 cooperation agreement for information exchange and mineral exploration. It stated there is no undisclosed material information affecting trading movements or impact from recent media reports.
Hindustan Copper reported a strong FY 2025-26 with MIC production hitting a seven-year high of 27,421 tonnes. The company awarded contracts exceeding ₹1,400 Crore and resumed operations at multiple mines. These milestones support HCL's strategic goal of reaching 12.2 MTPA mining capacity by 2030 and attaining Navratna status.
Hindustan Copper Ltd achieved provisional sales of 27,367 tonnes of Metal-in-Concentrate (MIC) in FY 2025-26. This represents a 12% increase over the previous year's performance, signaling strong operational growth for the state-owned enterprise.