Audited Financial Statement (standalone & Consolidated) for Year Ended 31.03.2026 with Statutory Auditors Report is submitted.
HINDCOPPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Copper Limited reported strong financial performance for FY2026 with standalone revenue from operations of Rs 3,077.92 crore, up from Rs 1,515.78 crore in FY2025, representing approximately 103% revenue growth. Profit after tax stood at Rs 920.67 crore compared to Rs 468.53 crore in the previous year, showing 96% PAT growth. The company recommended a final dividend of Rs 1.86 per equity share of face value Rs 5. The auditors issued an unmodified opinion on both standalone and consolidated financial statements. However, the auditors highlighted emphasis of matters including: revenue recognized on provisional basis pending actual assay reports, pending execution of lease deed for Gujarat Copper Project land, ongoing arbitration and tax disputes, and trade payables subject to confirmation. Additionally, the company has not complied with Companies Act requirements regarding independent directors and woman director since November 2024 and March 2025 respectively.
The company delivered exceptional revenue and profit growth in FY2026 driven by higher copper prices and volumes. However, governance compliance gaps and multiple legal disputes present ongoing risks. The unmodified audit opinion provides comfort on financial statement accuracy.