Hindustan Copper plans ₹7,000 crore capex for mine revival
pre-market1 source ↓written by the desknot a recommendation
- in capital expenditure
- ₹7,000 crore
- in standalone net
- 162.6% YoY increase
- for Q1 FY27
- ₹352.61 crore
- from operations surged
- 81.4% YoY
- in Q1 FY27
- ₹936.50 crore
Hindustan Copper plans to invest over ₹7,000 crore in capital expenditure over the next 5-6 years to revive closed mines and enhance exploration. This initiative follows a 162.6% YoY increase in standalone net profit to ₹352.61 crore for Q1 FY27, driven by rising global copper prices.
• Revenue from operations surged 81.4% YoY to ₹936.50 crore in Q1 FY27.
The significant capex aims to strengthen Hindustan Copper's position in the domestic and international copper market.
Not investment advice. For informational purposes only.