Hindustan Copper shares jump 6% after strong operating Q2, record high margins

Shares of Hindustan Copper Ltd. opened as much as 6% higher on Thursday, November 12, after the company reported a strong set of Q2FY27 results, with earnings significantly exceeding analyst expectations. The stock has already rallied around 10% over the past week.

The company reported a sharp improvement in profitability, with consolidated net profit surging 180% year-on-year to ₹520 crore in Q2FY27, compared with ₹186 crore in the corresponding quarter last year.

Revenue from operations increased 64% to ₹1,175 crore from ₹718 crore in the year-ago period, reflecting strong growth in the company's operating performance.

EBITDA jumped 149% year-on-year to ₹703 crore, significantly ahead of Anand Rathi's estimate of ₹572 crore. The EBITDA margin expanded sharply to 59.8% from 39.3% in the corresponding quarter last year, marking the highest level reported by the company.

The strong expansion in operating profitability, coupled with revenue growth, drove the sharp increase in the company's bottom line.

Hindustan Copper's Q2 performance comes amid a strong rally in its shares, which have gained approximately 10% over the past week.