Page 2 - Hindustan Copper Ltd News
Hindustan Copper, Oil India sign pact for critical mineral exploration
Hindustan Copper Ltd (HCL) on Friday entered into an initial pact with Oil India Ltd for cooperation on exploration and development of critical and strategic minerals, including copper. The development comes at a time when the country is prioritising domestic production to reduce import dependency on China. State-owned Oil India Ltd (OIL) has a proven expertise in exploration, development, production and transportation of crude oil and natural gas. "In a significant step towards strengthening India's self-reliance in critical and strategic mineral sourcing, Oil India Ltd and Hindustan Copper Ltd signed a Memorandum of Understanding (MoU) on September 19, 2025," HCL said in a statement. HCL, a PSU under the mines ministry, is engaged in mining, production, processing and marketing of copper and related products. It is focusing on mining and beneficiation of copper ore and selling of copper concentrate. Hindustan Copper had earlier told PTI that it plans to bid for critical mineral
 "Hindustan Copper, Oil India sign pact for critical mineral exploration")
Hindustan Copper Q1FY26 results: Net profit increases 18% to ₹134 crore
State-owned Hindustan Copper on Thursday posted an over 18 per cent rise in consolidated net profit to Rs 134.28 crore in the June quarter of FY26, supported by higher revenues. The company, which is engaged in copper ore mining, had logged a net profit of Rs 113.40 crore in the April-June period of preceding 2024-25 financial year. According to an exchange filing, Hindustan Copper's total income rose to Rs 526.65 crore in the first quarter from Rs 500.44 crore in the same period a year ago. Its expenses were at Rs 347.29 crore as against Rs 346.32 crore in the Q1 of FY25. The consolidated financial results for the quarter ended June 2025 include earnings of subsidiary company Chhattisgarh Copper Limited (CCL) and joint venture company Khanij Bidesh lndia Limited (KABIL). Hindustan Copper, under the Ministry of Mines, holds all the operating mining leases for copper ore in the country. As per its home page, the company's current focus lies in exploration, mining, and beneficiatio
 "Hindustan Copper Q1FY26 results: Net profit increases 18% to ₹134 crore")