New Delhi, May 15 (IANS) Miniratna Central public sector enterprise Hindustan Copper Limited (HCL) on Friday reported a robust 97 per cent surge in Profit After Tax (PAT) to Rs 920.67 crore for the financial year 2025-26 compared with the corresponding figure of Rs 468.53 crore in FY 2024-25, according to a statement issued by the Ministry of Mines.

The company’s profit before tax jumped by 95 per cent to Rs 1232.73 crore during 2025-26 compared with Rs 633.51 crore in FY 2024-25, the highest ever in the history of the company, the official statement said.

According to the audited financial results approved by the company’s Board of Directors at their meeting held in Kolkata on Friday, HCL has recorded its highest ever revenue from operations of Rs 3,077.92 crore in FY 2025-26, reflecting a robust year-on-year (YoY) increase by 49 per cent compared with Rs 2,070.96 crore in FY 2024-25, the statement said.

The board meeting also recommended a final dividend for the year, subject to shareholder approval. This is in addition to the interim dividend already paid in March 2026.

The EBITDA (earnings before interest, taxes, depreciation and amortisation) margin achieved has been a healthy 48.7 per cent in FY 2025-26 as compared to 37.97 per cent in the previous year, which represents an increase of 10.73 per cent.

During FY 2025-26, Hindustan Copper Ltd has achieved ore production of 3.67 million tonnes in the financial year 2025-26, which is 6 per cent higher than last year. Similarly, the company has achieved MIC (Metal in concentrate) production of 27,421 tonnes in FY 2025-26, which is 9 per cent higher than FY 2024-25. The company’s sales of copper MIC during FY 2025-26 touched 27,369 tonnes, which represents a 12 per cent increase over the corresponding figure of the previous year.

In addition to the financial results, the Board of Directors deliberated on significant expansion plans in accordance with Corporate Plan 2030 of the company, including its funding strategies.

–IANS

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