More Stories

Informist, Monday, Apr. 20, 2026

--Hind Copper: See mine expansion capex INR 71.89 bln under Vision 2030 plan 

MUMBAI – Hindustan Copper Ltd. sees a total capital expenditure of INR 71.89 billion for mine expansion from 2026 to 2030, according to a statement released by the company after its annual plan meeting for 2026-27 (Apr-Mar) and thereafter. The company also projected a net profit of INR 5.89 billion for 2026 and INR 6 billion for 2027. During its annual plan meeting, the company launched Vision 2030, a roadmap for its next phase of growth.

According to the Vision 2030 implementation plan, the company's dividend payout will rise progressively with an increase in profit. It is likely to pay out a dividend of INR 1.77 billion in 2026 and INR 1.80 billion in the following year. The company expects to cumulatively pay INR 4.70 billion as dividend in five years to 2030. 

Hindustan Copper expects its total ore production to expand to 4.71 million tonnes per anum in FY27, and it is projected to reach 12.20 million tonnes per anum by FY30. The company sees its total milling capacity reach 4.30 million tonnes per anum in FY27 and 12.20 million tonnes per anum in FY30.   

"Hindustan Copper stands at a strategic inflection point, well-equipped to navigate an increasingly complex and dynamic business environment," the press release said. "Strong emphasis on operational excellence—driving productivity improvements, optimising resource utilisation, and modernising legacy systems through targeted infrastructure upgrades, mechanisation, and digital integration, Hindustan Copper aims to significantly ramp up production capacity, and improve its operations," it said.

The company's expansion into critical minerals and renewable energy portfolios will enhance revenue stability, diversify risk exposure, and align it with emerging national priorities. The five-year roadmap also outlined a digital transformation to establish the company as a future-ready copper enterprise. Vision 2030 focusses on unifying operations and enhancing safety and efficiency across all its mines and plants. 

For the quarter ended December, Hindustan Copper had reported a net profit of INR 1.56 billion on revenues of INR 6.87 billion. Monday, its shares closed 2.3% lower at INR 556.60 on the National Stock Exchange.  End

Reported by Eshitva Prakash

Edited by Deepshikha Bhardwaj

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.