Hindustan Copper Ltd (HCL) reported its highest-ever annual income and revenue after tax (PAT) in FY 2024-25, because the state-owned miner outlined enlargement plans and sustainability targets at its 58th Annual Basic Assembly (AGM) held on Thursday, September 25.
Report monetary efficiency
The corporate’s income from operations rose 21 per cent year-on-year to Rs 2,070.97 crore in FY 2024-25, in contrast with Rs 1,717 crore a 12 months earlier. PAT surged 42 per cent to Rs 468.53 crore from Rs 295.41 crore in FY 2023-24.
Revenue earlier than tax climbed 54 per cent to Rs 633.51 crore, whereas the EBITDA margin improved to 38 per cent from 34 per cent.
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The Board really useful a dividend of 29.20 per cent, equal to Rs 1.46 per share of face worth ₹5. The payout, amounting to about Rs 141 crore, is the very best within the firm’s historical past.
Growth and mining outlook
Chairman and Managing Director Sanjiv Kumar Singh advised shareholders that HCL is on observe to triple its mining capability to 12.2 million tonnes each year by FY 2030-31. Tasks embody doubling capability on the Malanjkhand Copper Venture in Madhya Pradesh, enlargement of the Khetri Copper Complicated in Rajasthan, and reopening of closed mines in Jharkhand resembling Rakha and Kendadih.
HCL additionally awarded its first mine developer and operator (MDO) contract for underground metallic mining, a step seen as a milestone in India’s copper sector.
Copper demand on the rise
Singh famous that international copper demand is projected to rise three per cent in 2026, fuelled by renewable power, electrical automobiles, digital infrastructure and energy grid upgrades. India’s demand can be anticipated to speed up, with obvious consumption projected to almost double by 2030 to three–3.3 million tonnes.
“India accounts for about three per cent of world copper demand right this moment and is anticipated to surpass the US by mid-century,” Singh mentioned.
Partnerships and sustainability push
In April 2025, HCL signed a memorandum of understanding with Chile’s state-owned Codelco to share technical know-how in exploration and processing. HCL has joined arms with Indian PSUs, together with Coal India, Indian Oil, and GAIL, to work on key mineral initiatives.
Sustainability efforts
At its AGM, HCL highlighted a number of community-focused initiatives. These embody programmes for healthcare, secure ingesting water, ability growth, and training. A brand new CSR initiative, Arogyadayani, will help ladies from villages close to its mining operations to pursue nursing programs, giving them an opportunity to construct careers in healthcare. As well as, the corporate has rolled out enhanced accident insurance coverage schemes for workers and contractual staff in partnership with banks, together with a Rs 1 crore cowl for normal employees beneath its company wage package deal.
