Latest news with #HindustanCopper
Business Standard
an hour ago
- Business
- Business Standard
Stock Alert: Force Motors, Nykaa, IRB Infra, ITD Cementation, Oberoi Realty
Securities in F&O Ban: Titagarh Rail Systems, Hindustan Copper, Aditya Birla Fashion & Retail (ABFRL), Chambal Fertilisers & Chemicals shares are banned from F&O trading on 10 June 2025. Stocks to Watch: Force Motors board approved a resignation of chief financial officer (CFO), Sanjay Kumar Bohra with effect from 9th June 2025. Further, the board has approved the appointment of Rishi Luharuka as the chief financial officer (CFO), designated as group CFO, with effect from 10 June 2025. FSN E-commerce Ventures (Nykaa) has completed the 2nd tranche of the remaining investment of Rs 5 crore in Earth Rhythm (ERPL), post this subscription, company will hold approximately 75.83% of the issued and paid-up share capital of ERPL. IRB Infrastructure Developers gross toll collection increased 9% to Rs 581.2 crore in May 2025, compared with 535.5 crore in May 2024. ITD Cementation India secured contract worth around Rs 893 crore for construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha. Oberoi Realtys commercial real estate arm chief executive officer (CEO), Pankaj Gupta has resigned with effect from 9 June 2025.
Business Standard
18 hours ago
- Business
- Business Standard
RITES inks MoU with Hindustan Copper to develop sustainable mineral supply chain
RITES announced that it has signed a memorandum of understanding (MoU) with Hindustan Copper (HCL) to jointly develop a rapid, reliable, sustainable supply chain of metals, minerals, including critical minerals in India and overseas. RITES rose 1.22% to Rs 303.70, while Hindustan Copper advanced 1.31% on the BSE. The partnership will focus on exploration, extraction, refining, and production activities in India and overseas, leveraging the technical and financial strengths of both organisations. The collaboration includes participation in mineral block auctions and development of mining infrastructure. As part of the MoU, RITES will provide end-to-end consultancy and logistics solutions, including project planning, transport infrastructure development, multimodal transport planning, and rolling stock support, to strengthen HCLs mining operations. Hindustan Copper is a central public sector undertaking under the administrative control of Ministry of Mines, Government of India, is primarily engaged in the business of mining and processing of copper ore into Metal-In-Concentrate (MIC), RITES is a Navratna Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach
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Business Standard
28-05-2025
- Business
- Business Standard
Hindustan Copper shares surge 4% on strong Q4 profit; Details here
Shares of Hindustan Copper surged over 4 per cent on Wednesday after it reported a 51.8 per cent increase in profit for the quarter ended March 31, 2025 (Q4FY25). Hindustan Copper's stock rose as much as 4.28 per cent during the day to ₹255.5 per share, the highest level since December 30, last year. The stock pared gains to trade 3.6 per cent higher at ₹253.9 apiece, compared to a 0.32 per cent decline in Nifty50 as of 9:38 AM. Shares of the company extended gains to their fourth day and have risen over 15 per cent from their recent lows of ₹222, which it hit earlier this month. The counter has risen by 2 per cent this year, compared to a 4.7 per cent advance in the benchmark Nifty50. Hindustan Copper has a total market capitalisation of ₹24,465.71 crore. Hindustan Copper Q4FY25 results The state-owned Mini-Ratna Central Public Sector Enterprise (CPSE) reported a 51.8 per cent increase in consolidated profit at ₹189.48 crore in Q4FY25. The consolidated income of the company during the fourth quarter rose to ₹777.28 crore, over ₹585.22 crore in the year-ago period. The total expenses of the company during the quarter under review rose to ₹518.75 crore, over ₹401.49 crore in the year-ago period. On the operational front, earnings before interest, taxes, depreciation and amortisation(Ebitda) rose 19 per cent year-on-year (Y-o-Y) to ₹266.7 crore. However, the Ebitda margin contracted around 300 basis points to 36.5 per cent. About Hindustan Copper Hindustan Copper Limited (HCL), established in 1967, is India's only vertically integrated copper producer, operating under the Ministry of Mines. As a central public sector enterprise (CPSE), HCL manages the entire copper value chain—from mining and beneficiation to smelting and refining. The company's operations span five key locations across the country: the Malanjkhand Copper Project in Madhya Pradesh, Khetri Copper Complex in Rajasthan, Indian Copper Complex in Jharkhand, Taloja Copper Project in Maharashtra, and Gujarat Copper Project in Gujarat. The operations at the Taloja plant are currently limited to third-party tolling activities.
Business Standard
28-05-2025
- Business
- Business Standard
Hindustan Copper consolidated net profit rises 50.55% in the March 2025 quarter
Sales rise 29.37% to Rs 731.40 crore Net profit of Hindustan Copper rose 50.55% to Rs 187.18 crore in the quarter ended March 2025 as against Rs 124.33 crore during the previous quarter ended March 2024. Sales rose 29.37% to Rs 731.40 crore in the quarter ended March 2025 as against Rs 565.37 crore during the previous quarter ended March 2024. For the full year,net profit rose 57.50% to Rs 465.12 crore in the year ended March 2025 as against Rs 295.31 crore during the previous year ended March 2024. Sales rose 20.62% to Rs 2070.96 crore in the year ended March 2025 as against Rs 1717.00 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 731.40565.37 29 2070.961717.00 21 OPM % 36.4740.00 - 35.6231.86 - PBDT 310.84242.37 28 807.96585.62 38 PBT 258.54183.73 41 632.40410.75 54 NP 187.18124.33 51 465.12295.31 58
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Business Standard
27-05-2025
- Business
- Business Standard
Hindustan Copper Q4 results: Profit jumps 52% to ₹189 cr on higher income
State-owned Hindustan Copper Ltd on Tuesday reported a 51.8 per cent increase in consolidated profit at Rs 189.48 crore for the quarter ended March 31, 2025. The company had posted consolidated profit of Rs 124.75 crore in the year-ago period. The consolidated income of the company during the fourth quarter rose to Rs 777.28 crore, over Rs 585.22 crore in the year-ago period, Hindustan Copper said in a regulatory filing. The total expenses of the company during the quarter under review rose to Rs 518.75 crore, over Rs 401.49 crore in the year-ago period. Hindustan Copper is a Mini-Ratna Central Public Sector Enterprise (CPSE) under the administrative control of the mines ministry. It is the only company in the country engaged in copper ore mining and holds all the operating mining leases for copper ore in the country. The company operates copper mines at Malanjkhand (Madhya Pradesh), Khetri (Rajasthan) and Ghatsila (Jharkhand). It has facilities of a primary smelter and refinery at Ghatsila, secondary smelter and refining facilities at Jhagadia (Gujarat), and a continuous cast copper wire rod plant at Taloja (Maharashtra). Operations at the Jhagadia and Ghatsila smelting/refining facilities have been suspended since 2019 due to business considerations. The operations at the Taloja plant are currently limited to third-party tolling activities. As of March 31, 2025, the authorized capital of the company stood at Rs 1,100 crore, with a paid-up capital of Rs 483.51 crore. The Centre holds a 66.14 per cent stake in the company.
