Hindustan Copper Posts Sharp Increase in Fiscal Q3 Consolidated Profit; Shares Down 4%
MT Newswires Live
Feb 06
Hindustan Copper's (NSE:HINDCOPPER, BOM:513599) consolidated attributable profit jumped to 1.56 billion Indian rupees in the fiscal third quarter from 628.7 million rupees a year ago, according to a Thursday filing to the Indian stock exchanges by the copper manufacturer.
Shares of the company fell over 4% in Friday's trade.
Earnings per share in the quarter ended Dec. 31, 2025, climbed to 1.62 rupees from 0.65 rupees a year earlier.
Revenue from operations in fiscal Q3 also increased to 6.87 billion rupees from 3.28 rupees a year ago.
The company's board declared an interim dividend of 1 rupee per share for the fiscal year ending March 31, payable by March 6 to shareholders of record on Feb. 13.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.