The Economic Times daily newspaper is available online now.

    Hindustan Copper shares jump 7% after Q2 profit zooms 182% YoY to Rs 518 crore

    Synopsis

    Hindustan Copper's stock experienced a surge following the announcement of its exceptional Q2 FY27 results. The consolidated net profit skyrocketed to Rs 518 crore, marking an astonishing 182% increase year-over-year. Additionally, operational revenue jumped by 64%, while total expenses saw only a minor rise, positively influencing profit margins. This robust performance has strengthened market confidence, evident in the upward trend of Hindustan Copper's shares throughout the past year.

    Hindustan Copper Mining and MarketsETMarkets.com

    Hindustan Copper's stock rose after posting an 182% YoY surge in Q2FY27.

    Shares of Hindustan Copper jumped 7% on Thursday after the company reported a consolidated net profit of a little over Rs 518 crore for the July-September quarter of the ongoing financial year 2027, marking a sharp 182% year-on-year (YoY) surge from Rs 184 crore reported in the corresponding quarter of the previous financial year.

    Hindustan Copper shares jumped to Rs 466.8 apiece on the NSE in today’s morning rush, the highest level seen by the stock in nearly a month. The sharp gains added nearly Rs 2,945 crore to the company’s market capitalisation within minutes from opening.

    Hindustan Copper’s net profit, however, grew a little over 47% sequentially from Rs 352 crore reported in the April-June quarter of the same financial year. Its revenue from operations meanwhile surged 64% YoY and 25% quarter-on-quarter to Rs 1,175 crore during the second quarter of FY27, as against Rs 718 crore in Q2 FY26 and Rs 936.5 crore in Q1 FY27.

    Also read | Hindustan Copper Q2 results


    The metals major’s total expenses increased only 8% to Rs 520 crore, driving the sharp surge in profits. This came as the company reduced employee benefit expenses and other expenses. Its cost of raw materials consumed however, increased more than 31% YoY to Rs 40.87 crore during the quarter under review. Its earnings per share (EPS) sharply surged to Rs 5.36 in Q2 FY27, from Rs 3.64 in Q1 FY27 and Rs 1.89 in Q2 FY26.

    Hindustan Copper share price


    After opening in the deep green, Hindustan Copper shares pared some gains but still continued to trade sharply higher. The stock was up 4% at Rs 453 apiece, as seen at around 9.30 am on Thursday. It has gained more than 6% in a week but fell 4% in a month and 13% in 2026 so far.

    Over the past one year, Hindustan Copper shares have delivered positive returns of more than 33% in one year. In the longer term, the stock delivered multibagger returns of over 202% in three years and 256% in five years.

    Also read | Promoters’ stake hits 3-year high while FIIs sink to 14-year low: What it means for Indian stocks

    Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimershere.

    Add ET Logo as a Reliable and Trusted News Source

    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more

    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in