Financial Results for quarter and year ended 31st March, 2025

‌HNDUSTAN COPPER LIMITED

CIN No. : L27201 W B1967GO 1028825

Registered & Head Oftite W W TAMRA BHAVAN

9t°4f°9• P.B. NO. 10224

KOLKATA

No. HCL/SCY/SE/ 2025

The Sr. General Manager Dept. of Corporate Services BSE Limited

Phiroze Jeejeebhoy Towers

Dalai Street

Mumbai 400 001

BSE Scrip Code: 513599

Date: 27.05.2025

The Vice President

Listing Department

National Stock Exchange of India Ltd

Exchange Plaza, C-1, Block G

Bandra-Kurta Complex, Bandra (East)

Mumbai 400 051

NSE Symbol: HINDCOPPER

Sir/Madam,

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we send herewith statement of financial results of Hindustan Copper Ltd (Standalone Et Consolidated) for the quarter and year ended on 31.03.2025 approyed by the Board of Directors in its meeting held on 27.05.2025. The Statutory Auditors' report on financial results is also enclosed. The Board meeting commenced at 10:30 M and concluded at 04:30 PM.

The above is submitted for information and record please.

Thanking you,

Encl: As stated

III Td: M83-2226 (Hunthg), b4 I Fzx:(033) M83•247U2840

@ Web: «wo.hirdustancopjnr.oom

Yours faithfully,

KUMAR DEV

MRITUNJAY

Digitally signed by MRITUNJAY KUMAR DEV Date: 2025.05.27

17:14:11 +05'30'

(Mritunjay Kumar Dev) Company Secretary Et Compliance Officer

PA.

aASSOClATES

CHAPTEPED ACCOUNTANTS I N D I A

INDEPENDENT AUDlTOR'S REPORT ON THE STANDALONE FNANClAL RESULTS OFHtNDUSTAN COPPER LIMITED PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS ANDDISCLOSURE REQUIREMENTS) REGULATIONS 2015 AS AMENDED

The Board of Directors, Hindustan Copper Limited, Kolkata

Report on the audit of the Standalone Financial Results

1. Opinion

   We have audited the Standalone Financial Results ("the Statement") of Hindustan Copper Limited (the "Company”), for the quarter and year ended 31st March 2025, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (" the Listing Regulations"), read with SEBI Circular No. CIR/CFD/CMD1/80/2019 dated 19th July 2019 and SEBI Circular No. SEBI/HO/DDHS/ClR/2021/0000000638 dated 14th October 2021.

   In our opinion and to the best of our information and according to the explanations given to us, the Statement:

   1. is presented in accordance with the requirements of Regulation 33 of the listing Regulations in this regard, and

   2. gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 ("the act") and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for quarter and year ended on 31st March 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Standalone Financial Results" section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the Standalone Financial Results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis

.., for our opinion on the Standalone Financial Results.

Ground Vihar, Bamikhal, Bhubaneswar 751 010 • Tel: +91674 257 1744 / 10G5

’SAMBALPUR +91 663 240 0722 • ROURKELA +91 661 240 0+22

• Email: bhubaneswar@paassociates.in

CUTTACK ’91 671 242 4791 Page 1

1. Emphasis of Matters

   We draw attention to the following matters:

   1. We draw attention to Note No.42 (4) of the accompanying Standalone Financial Statements wherein the deeds for leasehold land acquired in respect of Gujarat Copper Project (GCP) as at March 31, 2025 is yet to be registered in favor of the Company;

   2. We draw attention to Note No-42(30) of the accompanying Standalone Financial Statements regarding arbitration order against the company in favor of a vendor and the company filing an appeal in the Commercial Court Jabalpur under Section 34 of the Arbitration and Conciliation Act ,1996.

   3. We draw attention Note No-42(29) of the accompanying Standalone Financial Statements regarding a demand of Terminal Tax by Malanjkhand Municipal Corporation (MCP) pending in Courts including Hon'ble Supreme Court refusing relief in quantum of deposit of the demand before hearing of appeal.

   4. We draw attention to Note No-42(31) of the accompanying Standalone Financial Statements regarding a demand by Water Resources Department , Jharkhand on the basis of revised computation as per order of the single bench of Honable High Court of Ranchi and the company challenging the applicability of the Act in the divisional bench of Honourable High Court of Ranchi.

   5. We draw attention to Note No.42 (5) of the accompanying Standalone Financial Statements wherein, balances under the heads, Claims Recoverable, Loans & Advances, Deposits from and with various parties and certain balances of trade receivables, trade payables and other current liabilities have not been confirmed as at March 31, 2025, although letters have been sent by the Company seeking confirmation of balances. Consequential impact upon receipt of such confirmation /reconciIiation / adjustments of such balances, (if any) is not ascertainable at this stage.

      Our opinion on the Standalone Financial Results is not modified in respect of the above matter.

2. Management's Responsibilities for the Standalone Financial Results

   *S

   This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared on the basis of the related annual and quarterly Standalone Financial Statements of the Company. The Company's Board of Directors are responsible for the preparation and presentation of the Standalone Financial Results that give a true and fair view of the net profit and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for feguarding of the assets of the Company and for preventing and detecting frauds and other

   Page 2

   irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and are free fr0m material misstatement, whether due to fraud or error.

   In preparing the Standalone Financial Results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

   The Board of Directors is also responsible for overseeing the Company's financial reporting process.

   Auditor's Responsibilities for the Audit of the Standalone Financial Results

   Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole are free from material misstatement, whether due to frauci or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results.

   As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

   • Identify and assess the risks of material misstatement of the Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

   • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of standalone financial statements on whether the Company has adequate internal financial controls with reference to Standalone Financial Statements in place and the operating effectiveness of such controls.

   • Evaluate the appropfia teness of accounting policies used and the reasonableness of accciunting estimates and related disclosures made by the Board of Directors.

   Page 3

   • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Standalone Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However future events or conditions may cause the Company to cease to continue as a going concern.

   • Evaluate the overall presentation, structure and content of the Standalone Financial Results, including the disclosures, and whether the Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

   Materiality is the magnitude of misstatements in the Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the Results of our work; and (ii) to evaluate the effect of any identified misstatements in the Standalone Financial Results.

   We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

   We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

3. Other Matters

   1. The Standalone Financial Statements of the Company for the year ended 31st March, 2024, were audited by the previous statutory auditor of the Company who had expressed an unmodified opinion on such Standalone Financial Statements, vide their report dated 24thMay, 2024.

   2. The Company does not have Independent Directors as required by the provisions of the Companies Act, 2013 so as to validly constitute its Audit Committee. As a result, no valid Audit Committee meeting could be held and the Standalone Financial Statements has been approved by the Board of Directors of the Company.

      Page 4

      Consequent to above, the Company has not complied with the provisions of the Companies Act,2013 w.e.f 3rd November, 2024.

   3. The Company does not have Woman Director w.e.f 22nd March, 2025 as required by the provisions of Section 149 of the Companies Act, 2013 read with Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014, Consequent to above, the Company has not complied with the provisions of the Companies Act,2013.

   Our opinion on the Standalone Financial Results is not modified in respect of the above matter.

   For P. A. & Associates

   Chartered Accountants

   (FRN.313085E)

   (CA Prashant Sekhar Panda) Partner

   Membership No. 051092

   Place : i(olkata Date : 27-05-2025

   UDIN: 25051092BNUJPT8846

   Page S

   A . Financial Results

   HINDUSTAN COI'PER LIMITED (A GOVT. OF INDIA ENTERPRISE) Regd. Offlco : 'Tamra Bhavan’, 1, Aahutosh Chowdhury AvenuB, Kolkata - 700 019. CIN : L27201WBJ 967GOI028826 Pnona: zzaz-zz2s, E-maii: invastora_csgninauatanc•ppar.com yyebsite: https://www.nInduetancopper.com Statamant of Standalone Financial Results for tha qMarter and yaar anded 51st March 2026
   		Quafier ended			Year ended
   SI No			31at Dec 24 lunaudit«d)		31st Mar 2B26 (Audltad)	31st Max 20z4 (Audlted)
   	Revenva from Operations Other Income Total Jncome |I*II) Cost of Malarials Consumed Changes In Inventones of Finisnad goods & Work-in-progress Cost of Slaras, Spares & Tools consumed Earl tee s••ert exam « Coneumpron of Power & Fuel Finance Cosls Depreciation and Amonisagon EXpense Other Expenses Total expensae Proflt/{Load) befora exceptional Items ¥ tax (III-IVR ProfItJ{Loss) bafore tax }V•VI) erofit/|Loea) ror tfie period rrom continuing operations (after tax) (vii-viJij Preftt /|Log&) for tfie period horn dlecontlnuad opazatlons Tax expense of discontinued operations Profit /{Loss) for t1e perlo0 rrom dlssontnued operatione (aI'ter tax) (X-XI} Profit/(Loas| for tile perlo0 |lX+XJl) other comprehenslva Income (OCll i‹) Income tax ralarng to itame that will nol be reclassified to Profit /{Losg) Othar Comprenenslve income for tha perlod |net of Tax) Total Comprahenslva tnror tha Period (KllI+KlV j Pald-up Equity Shara Capital (fiace Valua € 6/• Per Shara) Other Equlty excludlng Ravaluatlon Reserves as per balance ahaat of Earnings per ahara (EPS) (for contlnulng operatlons) Earnings per shara (EPS) (for dlscontinued operations) Earnings per ahare(EPSj lfor contlnulng and dlacontlnued operations) - Diluted (7)	731 40	327,77	565.57	Z07096	1717D0
   		46 94	16 80	19 B5	78.33	5#B#
   		?'78.34	343.67	686.Z2	2149.29
   (a)		46.71	25 04	15B8	114.4t	49.15
   (b)		6g.25		(206b	(91.81	(114 22)
   (c)		24.11	279B	2593	98.07	97.13
   (d)		80.65	74 84	6258	313.04	265.81
   (e)		31.10	34.20	34 15	141.26	134.48
   (I}		1.75	1.31	3.61	6.93	16.12
   (g)		52.30	37 63	58 84	175.56	1+4 87
   		212 88	180 46	22180	758 29	737 97
   		6t8.76	269.11	404.83	16J6.78
   		269.69	84.46	183.20	633.61	410.43
   VI
   VII
   		269.59	84.t6	18S.29	633.61	410.*3
   		55.36 13 69	2d.64 (3 0B	Ss 4e 3 as	146.52 18 48	109.91 5 11
   IX		190.S4	62.90	124.31	4666J	296.41
   XI
   XII
   XIII		t90.St	62.9D	124-31	468.63	296.41
   		6.G1 (1.G6	(2.45 0.62	(0.21 0.06	(0.74 0.18	(9.80 2.47
   XV			(1.83	(a.16	0	7.33
   		ts6.4s	61.07	't2t.18	467.98	28B.08
   )tUI		483.51	483.51	483.51	483 51	483.51
   XUf					Z1M79	JOOJ 58
   XVI
   XIX		1 97 1.97	Q85 0.65	1.29 1.29		306
   		1.97	0.85	1.Z9	4,85	3.06
   		1.97	0 65	129	4 85	3.06
   8an]lv Kum r Singh CHAIRMAN ANO MANAGING DIRECTOR 4 CEO }DIN ft86483B9) Placa : K•olkata Date : 27.06.2026

   1. Curranl Tax

   2. Deferred Tax

   1. Items lhal will not be reclassified to Profil /(Loss)

      • Basic (I)

      • Diluted (7)

      • ea•ic «›

   • BasiG (I)

   1. Tne aoova eudJted Slandelone Financial Resells of lhe company for lhe quarter and year endad March 3 , 202S have oaen considarea a approved by lhe Board of Direclore in Its meet‹na held on 27th May, 2025

   2. Tne figures of last quarter are tha balancing figures between audilad figures in respect of th8 full financial year and the published year to date figures uplo the third ouart8r of the relevant financial year.

   3. The Company has manufactunng facilities upto refined cooper production 8 continuous copper wire roos and is orimanly engaged in lhe ousinass of mining and processing of cooper ore, which nas been grouped as a singls segmanl in tha Bbova disclosures one said trealmenl is in accordance wilh !he ’Ind AS 108 —Ooeraing Segments’

   4. The laase deed for land In respect of Gujarat Cooper Project (GC ) Jhagadia witn gross carrying value is 7 44 28 crore Is yel to be executed ‹n favor of tha Company. The company has liked a casa in Hon'ala HlBh Courd Gujarat , Ahmaoabad for rans1Br at tea Land which is landing .

   5. A Joint Vantura Company (JVC) named Chhattisgarh Gopper Limited (CCL) was formed Datween Hinousan Copper Limited (HCL) ano Chhattisgarh Mineral Development Corporaaon Limited (CMDC) for explorallon, mining and baneficiation of copper and its associated minerals In tne Slate of Chnatlisgam on 21.05.2018. Sinca HCL holds 7t°A eQuiiy in JVC, i is also a Subsidiary of HCL as per Saclion 2(87) of the Companies Act, 2013.

   6. A Joint Venture Company (JVCI named KhaniJ B desh India Limited (KABIL› was tormea of oa as ;201s amane national Aiuminium Company (NALCO) , Hlnduslan Copper Limited (HcL) and kJnerat Exploratlon Corporafion Limited (MECL) o identify , explore, acquire, develop, process pnmarily strategic mfnsraIs overseas for supply la India for meeting domestic requirements and for sale la any otner country for commercial use HCL holds 3a°•â aquity In JVC.

   7. Figures for the previous pariod have been regrouped/rearranged wherevar necessary.

   HINDUSTAN COPPER LIMITED (A GOVT. OF INOIA ENTERPRJSE) Reg d. Offlce : 'Tarnra Bhavan', 1, /shutos I Chowd hury Avenue, Kolkata - 700 019. CIN: L27201 WB1967GOI028825 PMone: 2283-2226, G-mail: investors_cs@hindustancopper.com Website: https://www.hindustancopper.com Statement of Standalone Agsets and LiabiiitiaG as at 01st Match 2026 (7 in crore)
   Si No	Particulars	As at 31st Nar 2025	A9 at 31st Mar 2024
   {1$	(2)	(3)	(4)
   		(Audited)	(Auditod)
   	AS SETS
   1	NON-CURRENT ASSEYS
   (a)	PropeRy, Pantand Equipment	1698.84	13 90.90
   (b)	Capital Work In Progress	766.04	916.90
   (c)	Other Intangible Assets	32.50	39.57
   (d)	Financial Assets
   	(i) Investments	30.54	29,41
   	(ii) Others	1^.77	15.81
   (e)	Deferred Tax assets (nel)	142.78	161.06
   (I)	Other Non-Current Assets Total Nan-current Assets	146.76	129.50
   		2B29.23	2683.15
   	CURRENT ASSETS
   (a)	Inventories	321.45	22 8.27
   (b)	EinancalSssels
   	(i) lnve stments
   	(ti) Traoe receiva ales	170 56	136.81
   	(iii) Ca sh and cash equivalents	17.50	71.62
   	(iv) Bank Ba lances other IN an(iii) above	50 59	2.73
   	(v) Others	14 31	B 01
   (c)	Current Tax Assets (Net)
   (d)	Other current assets Total Current Assets TOTALASSETS	100 53	139.43
   		B74.94	686.87
   		3504.17	3270.02
   ii	EQUITY AND LIABIL TIES
   	EQUITY
   (a)	Equity Share Capital	4B3.51	483.51
   (b)	Other Equity Total Equlty	2180. 79	1801, SB
   		2664.30	2285.D9
   	LIABILITIES NON -CURREHT LIABILITIES
   (a)	Financial LiabtItties
   	(i) Borrowings	1OB.97	7250
   	(ii) Le ase Liabilities	0.01	0.08
   	tiii) Trade Payables
   	(A) Dues to Micro and Small Enterprises
   	(B) Dues to Other than Micro and Small Enterprises	128.33	208.4 7
   	(iv) Other financial liabilitie a	81.89	98.05
   (b)	Provisions Other non-current liabilities Total Non-current Liabilities	(28.37) Q	(3.60) 50.72
   		345.92	426.22
   3	CURRENT LIABIL1TIES
   (a)	Financial LiabJItties
   	(i) Borrowings	57.50	14 9.96
   		0.03	0,19
   	(A) Dues to Micro and Small Enterprises
   	(B) Dues to Other thnn Micro and Small Enterprises	116.01	95.43
   	(iv) Other financial 1iabilitie s	95.09	BB.0S
   (b)	Other current liabilities	17 9.20	173.65
   (c)	Provisions	28.74	4214
   (d)	Current tax liabilities	17.3b	929
   	Total C irrent Liabilities	48 3.95	558.71
   	TOTAL EQUITY & LIABILITIES	3604.17	3270.D2
   For anJ on behalf of the Board of Directors Sanjiv Kumar Singh CHAIRMAN AND MAMAGING DIRECTOR & CEO (DIN 09548389) PIace : Kolkata Date : 27.00.2026

   1. Lease Liabilities

   2. Trade Payables

   +«NDus An copeER LiuiTED }A GOVT. OF INDIA ENTERPRISE) nagd. office : Temra ehavan I, Ashutaeh chowdnury too ate. CIN :L27201WB1987GOID28Bz5 Phone: 2283-2226, E•mai: inveators„cs@hln4ustancoppar.com Website: https://www.hindusfancopper.com STATEPIENT OF STANDALON6 C/tSH FLOWS FOR THE YEAR ENDED 31ST MARCH,3025
   (I In crore)
   Paniculars	Year Ended
   	31st March 2025 3Sst Idarch 2024 IAudlted) (Audited)
   CASH FLOW FRON OPERATING ACTIVITIES :
   PROFIT/ (LOSS) BEI°ORE TAX Adjusted tor .’	633.51 410.43
   Oepreciation	38.65 25.93
   Forelgn Currency Fuctuat‹on
   	0,15 3.52
   Provisions charged	13.99 Z1,67
   Provisions written back	(47.72) 18.19)
   Interest expense	6.93 L6.L2
   Amortlsatlon	136.90 14B.94
   Value of Ore Raised during Mine expansion / construction / development
   	114.4& 49,15
   Interest incorrte
   	{10.72) (244 9)
   Loss / }Profit) on disposal a* fixed assets	16.81) 0,00
   OPERATING PRDFIT/ (LOSS) BEFORE WORKING CAPITAL CHANGES Adjusted for :
   	B79.34	643.07
   Decrease/ {Increase) in Trade & other Recelvables	(33.78)	70.66)
   Decrease/ }Increase) in Inventories	(9L.42)	(IIL63)
   Decrease/ (Increase) In Current & Non-Current assets Increase/ (Oec rease) in Current & NOn-Currenc Liabilities	(70.3B)	L0.33
   CASH GENERATED FROfd OPERATIONS
   	699.Z2	448. 31
   Taxes pafd (Net) NET CASI4 FROM /(USED IN) OPERATING ACTIVITIES (A)	(154.93)	107.09)
   	S4 4,29 3$122
   CASH FLOW FRON INVESTING ACTIV:ITIES
   Purchase of F-ixed Assets	(170.ZB) (256.11)
   Sale of Fixed Assets	7.25 0.00
   Interest received	10.39 29.78
   Investment in subsidiary / joint Venture	(0.07) (ZO.25)
   Pllning Properties (Eline Development ExPendture)	(24 1.63) {27g.31)
   NET CASH FROIYI /t USED 1N) INVESTING ACTIVITIES ( B )
   	(402.34)	(524.09)
   CASH FLOW FROfd FINANCING ACTIVITIES
   Non-current borrowings / (Loan repaid)	{55.93)	66.48
   Payment of Dividend	{88.97)	T88.97)
   Interest pa d	{7.38)	II6J6)
   NETCASH CROM/(USED lN)FtNANClNG ACTIVITTES (C)	(152.20)
   NET INCREASE IN CASH ANO CASH EQUIVALENTS ( A + B + C)	(10.33)	1222.31)
   CASH AND CASH EOUIVALENTS - at the beginning of the year	89.85	312.16
   CASH AND CASH EOUlVALEhITS - at the end of the year	79.52	89.85
   ( details in Annexure - A I
   -Place Kolkata oated : 27.05.2035	For and on behalf of the Board of Directors Sanjiv Kunar Singh CHAIRNAN ANO I1ANAGING DIRECTOR 6 CEO (DIN 09546389)

   		ANNEXURE - A
   		€ in crore)
   1 CASH AND CASH EQUIVALENTS at beginning of the year	01/04/2014	01/O#£2023
   i) Current Financial Assets - Cash & Cash Equivalents	71.62	I5.54
   ii) Current Financial Assets - Bank Ba lance other that above (Exclodlng Unpaid Dividend 7 0.3S crore )	2.4 2	2B5.22
   ili) Current Financial Assets - investments
   iv) Non-current Financial Assets - Others	15.BI	11.39
   	B9.B5	312.S6
   CASH AND CASH EQUIVALENTS - at the end of the year	3lf03/202 S	31/03;203a
   i) Current Financ‹al Assets - Cash 6 Cash Equivalents	17 50	71,62
   ii) Current F nanciaI Assets Bank Balance other that ahove	50.24	2 4 2
   (Excluding Unpaid Dividend z 0.30 crore )
   iii) Current Financial ASsets Investments
   iv) Non-current Financial Assets - Others	11.7 7	15.8 I
   79.52 B9.g5 2. Tha Cash Flow Statement has been prepared as sel oul in Indian Accounting Standard (IND AS) 7 . STATEMENT OK CASH FLOWS,

   E. Statement on impact of audit qualifications-Standalone Financial Statements HINDUSTAN COPPER LIMITED (A GOVT. OF INDIA ENTERPRISE) Regd. Office : 'Tamra Bhavan', 1, Ashutosh Chowdhury Avenue, Kolkata - 700 019. CIN : L27201WB1967GOI028825 Phone: 2283-2226, E-mail: investors_cs@hindustancopper.com Website: https://www.hindustancopper.com Other Information - Integrated Filing (Financial) - For the quarter and year ended 31st March 2025 (In accordance with the SEBI Circular No. SEBI/HO/CFD - Pod-2/CIR/P/2024/185 dated December 31, 2024)

   Declaration in respect of Unmodified Opinion on Audited Financial Results of Hindustan Copper Limited of Standalone Financial Statements for the Financial Year ended 31°’ March 2025

   for the period ended 31st March 2025 Sanjiv Kumar Singh Gha s a' S arma Chairman and Managing Director & CEO Director (Finance) & CFO (DIN 09548389) (DIN 0709000B) For P.A. & Associates Chartered Accountants FRN: 313085E CA Prashant Sekhar Panda Partner Membership No : 51092 Place : Kolkata Dated : 27.05.2025

   1. Name of the Company : HINDUSTAN COPPER LIMITED

   2. Financial statements

   3. Type of Audit observation Unmodified

   4. Frequency of observation N.A.

   TES

   I? A, a AssOClA

   CHAPTEPED ACCOUNTANTS

   I N D I A

   IIDEPENDENT AUDITOR'S REPORT ON THE CONSOLIDATED FINANCIAL RESULTS @F HIIIDLISTAN COPPER LIMITED PURSUANT TO THE REGULATION 33 OF THE SEBI {LISTING OBLIGATIONS AND BtSCLOSURE REQUIREMENTS) REGULATIONS, 2015 AS AMENDED

   To

   The Board of Directors, Hindustan Copper Limited, Kolkata

   Report on the audit of the Consolidated Financial Results

   1. Opinion

      We have audited the Consolidated Financial Results (“the Statement”) of Hindustan Copper Limited (the “Company”), for the quarter and year ended 31st March 2025, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (” the Listing Regulations"), read with SEBI Circular No. CIR/CFD/CMD1/80/2019 dated 19th July 2019 and SEBI Circular No. SEBI/HO/DDHS/CIR/2021/0000000638 dated 14th October 2021.

      In our opinion and to the best of our information and according to the explanations givcn to us, and based on the consideration of the report of the other auditors on the audit of financial statements of subsidiary company and joint venture company, the aforesaid Consolidated Financia! Statements give the information required by the Companies Act, 2013 (“the Act”) in the manner so required and give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) prescribed under section 1S3 of the Companies Act,2013 (the “Act”) and other accounting principles generally accepted in India, of the Consolidated Total Comprehensive Income (Comprising of Consolidated Net Profit After Tax & Other Comprehensive Income) and Other Financial Information of the Company, for the quarter & year ended 31th Md£Eh, 2025.

   2. Basis for Opinion

      We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further, described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Company and its Joint Venture Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other

      ’2t Govlnd Vth6f, Bamikha!, Bhubdneswar 7s1 01fi • Tel: +91674 257 744/ J06S • Email: bhubaneswar@paassocia

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      ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in "Other Matters" paragraph below, is sufficient and appropriate to provide a basis for our opinion.

   3. Emphasis of Matters

      We draw attention to the following matters:

      1. We draw attention to Note No.42 (4) of the accompanying Consolidated Financial Statements wherein the deeds for leasehold land acquired in respect of Gujarat Copper Project (GCP) as at March 31, 2025 is yet to be registered in favor of the Company;

      2. We draw attention to Note No-42(31) of the accompanying Consolidated Financial Statements regarding arbitration order against the company in favor of a vendor and the company filing an appeal in the Commercial Court Jabalpur under Section 34 of the Arbitration and Conciliation Act ,1996.

      3. We draw attention Note No-42(30) of the accompanying Consolidated Financial Statements regarding a demand of Terminal Tax by Malanjkhand Municioal Corporation (MCP) pending in Courts including Hon'ble Supreme Court refusing relief in quantum cf deposit of the demand before hearing of appeal.

      4. We draw attention to Note No-42(32) of the accompanying Consolidated Financial Statements regarding a demand by Water Resources Department , Jharkhand on the basis of revised computation as per order of the single bench of Hon'ble Higf› Court of Ranchi and the company challenging the applicability of the Act in the divisional bench of Hon'ble High Court of Ranchi.

      5. We draw attention to Note No.42 (5) of the accompanying Consolidated Financial Statements wherein, balances under the heads, Claims Recoverable, Loans & Advances, Deposits from and with various parties and certain balances of trade receivables, trade payables and other current liabilities have not been confirmed as at March 31, 202S, although letters have been sent by the Company seeking confirmation of balances. Consequential impact upon receipt of such confirmation /reconciliation / adjustments of such balances, (if any) is not ascertainable at this stage.

         Page 2

         Our opinion on the Consolidated Financial Results is not modified in respect of the above matter.

   4. IVlanagement's Responsibilities for the Consolidated Financial Results

   These consolidated financial results have been prepared on the basis of the consolidated financial statements for the Quarter and Year ended 31 March, 2025. The Board of Directors of the company is responsible for the preparation and presentation of this Statement that give a true and fair view of the consolidated total comprehensive inCome (compFi5ing of consolidated net profit after tax and other comorehensive income) and other financial information of the Company and its joint venture Company in accordance with the recognition and measurement principles laid down in lncltan Accounting Standards prescribed under Section 133 of the Act read with relevant ules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Board of Directors of the company and It5 Joint Venture Company are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and its Joint Venture Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation at d maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Consolidated Financial Results that give a true and fair view and are free front material misstatement, whether due to fraud or error, which have been used for the purpose of pret›aration of the Consolidated Financial Results by the Directors of the Company, as a foresaid.

   In preparing the Consolidated financial Results, the respective Boarci of Directors of the Company and its Joint Venture Company are responsible for assessing the ability cf. the Company and its Joint Venture Company to continue a going concern, disclosing, as applicable, matters related to going concern and using the going concern bdsis of acLO unting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, o« has no realistic alternative but to do so.

   The respective Boards of Directors of the Company and the joint venture CompatJy are responsible for overseeing the financial reporting process of the Company and its joint venture Company.

   s. Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

   Our objectives are to obtain reasonable assurance about whether the cof›solidated financial

   !'-resu!ts as a whole are l”rr e from material misstatement, whether due to fraud or error, and to

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   Page 3

   issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarahtee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic d0CiSions Of Users taken on the basis of these consolidated financial results.

   As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

   • Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of nut detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

   • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible fur expressing our opinion whether the company and joint venture company has adequate internal financial controls with re(erence to Consolidated Financial Statements ir› place and the operating effectiveness of such controls.

   • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

   • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to evelits or conditions that may cast significant doubt on the Company's ability to continue a* s•in¿ concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated Financia I Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions arc based on the audit evidence obtained up to the date of our auditor's report. However future event5 or conditions may cause the Company to cease to continue as a guing concern.

   • Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Financial Results represent the underlyingtransact”ons and events in a manner that achieves fair presentation.

   • Otatain sr!fficient appropriate audit evidence regarding the financial results/financial information uf the COI7 pany and its joint venture company to express an opinion on the consolidated financia I results. We are responsible for the direction, supervision and

   Page 4

   performance of the audit of financial information of such entitles Included in the consolidated financial results of which we are the independent auditors. For the other entities included in the consolidated financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

   We communicate with those charged with governance of the Company and such other entities included in the consolidated financial results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

   We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

   We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

4. Other Matters

1. The Consolidated Financial Statements of the Company for the year ended 31st March, 2024, were audited by the previous statutory auditor of the Company who had expressed an unmodified opinion on such Consolidated Financial Statements, vide their report dated 24th May, 2024.

2. The Company does not have Independent Directors as required by the provisions of the Companies Act, 2013 so as to validly constitute its Audit Committee. As a result, no valid Audit Committee meeting could be held and the Consolidated Financial Statements has been approved by the Board of Directors of the Company. Consequent to above, the Company has not complied with the provisions of the Companies Act,2013 w.e.f 3rd November, 2024.

C. The Company does not have Woman Director w.e.f 22n° March, 2025 as required by the provisions of Section 149 of the Companies Act, 2013 read with Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014. Consequent to above, the Company has not complied with the provisions of the Companies Act,2013.

1. We did not audit the financial statements / financial information of one Subsidiary company namely Chhattisgarh Copper Limited whose financial statements / financial information reflect total assets of Rs.9.73Lakh as at March 31, 2025, Group's share of

   /'total revenue of Rs. Nil for the period from 1st April 2024 to 31st March 2025 and Group's share of total loss of Rs. 5.05 Lakhs for the period from 1st April 2024 to 31st

   Page 5

   March 2025 and net cash inflows amounting to Rs.0.97 lakh for the year ended on, as considered in the Consolidated Financial Statements. This financial statements / financial information of subsidiary company have been audited by other auditor and whose report has been furnished to us and our opinion on the Consolidated Financial Statements, in so far as it relates to amount and disclosures included in respect of this subsidiary company, is based solely on the report of such other auditor and the procedures performed by us are as stated in paragraph above.

2. The Consolidated Financial Statements reflect the audited financial statements for the year ended March 31, 2025 of one jointly controlled entity namely Khanij Bidesh India Limited, whose financial statements reflect loss of Rs. 231.31 for the period from 1st April 2024 to 31st March 2025, as considered in the Consolidated Financial Statements. These financial statements of joint venture company have been audited by other auditor and whose report has been furnished to us and our opinion on the Consolidated Financial Statements, in so far as it relates to amount and disclosures included in respect of this jointly controlled entity, is based solely on the report of such other auditor and the procedures performed by us are as stated in paragraph above.

3. The consolidated financial results include the results for the quarter ended 31st March, 2025 being the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

4. The consolidated financial results dealt with by this report have been prepared for the express purpose of filing with stock exchange. These results are based on and should be read with the audited Consolidated Financial Statements of the Company for the year ended 31st March, 2025, on which we have issued an unmodified audit opinion vide our report dated 27th May, 2025

Our opinion on the Consolidated Financial Results is not modified in respect of the above matter.

For P. A. & Associates

Chartered Accountants

(FRN.313085E)

(CA Prashant Sekhar Panda)

Partner

Membership No. 051092

Place : Kolkata Date : 27-05-2025

UDIN: 25051092BNUJPU8553

Page 6

HINOUGTAN CORRER LIMITED

{A GOVT, OF INDIA ENTERPRISE)

Ragd. OrfiKolkata - 700 019.

CIN : L27201viB1967GO28825

Statement of Coneolldatad Audlted Flnanciat Results I'or tha quaner and year ended 31st Mareh 2025

Ouerter Ended Year Ended

3I No

(Note 2)

3lsloeu2024

{Unouditod)

31st Mar 2024 (Audited) (Notg 2}

31st Nar 2025

{Auditadj

81st Mar 2024

{Audltad)

lzl

v Exeapliongl iiems-

U/l

1. Current Tax

2 Daferrgd Tax

IX Profit/(Loss) for the period from coninulng operations (after tax) |VII-VIII) Attrlbutabla to Ownars of tfte company

Non Centrollin Interest

Profit /(Logo) for the perfo0 from diecontinued operations Tax expanse of discon'tInuad operations

Profit /(Loss) for tha qerbd from discontinued oparatlony dafter tax) (X-Xfi)

13.69

189.4B

189.49

0.01

B4.43

24.64

3 01 f›2.B? b2.87

183.73

55.A9 .

349

124.75

124.75

632,40

146.52

18.46

4B7.42

467.43

0.01

109.91

5.11

z9s.73

29s.t»

Xlll

Profit/(Loss) fgr the per‹od (lx+xiij

1B9.48

62.a7t24.75

467.42

295,73

XIV 3hare or Profii/ Loss of Joint venture/ Associate

Nat Profit /(Loss) ION' the pertod efter tax & Share of profiU(Loss) of JV/Associate XIII*XIv

Attributable ‹o Ownare of tha Company Non Controllln Interest

XVI Other CDmprahensive Income (OCT)

li› Itams lhat well not ba raclBssJfi6d to Profil /(Loss)

(li) Income tax relating la items that will not be reclassified o Profii I(Loss) Odhar Com rehansive Incoma for the eriod nat of Tax

XVI Total com rehenslve Income ror tha Period X!v’+XVI Attributable to Dwnars of the Company

Non Controllin Interest

1. Paid-up Equlty Share Capltal (Face value r 6r- Per Biara)

2. Other Equity exaluding Revaluation Reserves as per balance sheet of previous

3. Earnlngs par slafa (EPG} (for continuing operations)

   • Basic (7)

   • Diluied (y)

     Earnings per share EPGI (for dscontinued operations)

   • Basic (7)

   • Diluted (I)

XXII EamJngs per share(EPS) (for continuing and discontinued operations)

- Oiluted (r)

2.31

t87.It 87.18

0.0]

g.6i

1.66

^.B5

19z.‹2

192.13

&01

483.51

1.94

1.94

62.87

6'2.67

0.62

1.83

61.04

61.04

0.65.

065

0.42

124.33

(g.21) 0.15

t24.18

124.18

•83 s1

129

129

2. 31

4B5,11

4G5.12

0.01

D:5s 46d.56

464.57

0.01

4B3.S1

2177.40

4 81.

4.81

0,4t

Zes.31 2Bs.31

(g80)

2.47

287,98

287.9B

483.51

305

305

1) The above audited Consolidated Financial Resulls of the company for lhe quarter and y8ar ended March 31.2025 have baen been considered g approved by the Bo8rd of DireClors in ids meeting held on 271h May, 2025.

t The figures of lgst quarter ere tha balancing figures between audited figures in respect or the fuil financial year and ma pub|ishod year to dale figures upla tne th|rd quaker or the

3} The Company has monufacluring faci1ir‹es of Vertical copper pradu+:iion and ig primarily engaged in the business of mining and processing of copper ora ina Melal -In COnCentrale, which has been.grouped as a single segment in the apove disclosures. The said treatment is in accordanc& wilh he 'Ina AS 10B - Operating 98gmenls’.

1. Tha laaso deed for lend in raspacl of Gujare Copper Project (GCP) Jhagedi• wilh gross carrying value is I 44.28 crore Is yet to be 6¥er'0tBd in fav'or of thB.company The company has filed a casa in Hon'ble Hugh Court of Gu]aral , Ahmedabad for lrensfer of Ihe Lané which is pending

2. the above consolidated financial results for 1ha quañer and year ended Marcn 31, 7025 include financial results of holding compariy and one subsidiary

   company namad Chhallisgarh Copper Limiieo (CCL). A Joint Ventura Gompany (JVC) named Khans} Bidesh India Limileo (KABIL) wgs formed on OB.08.2010 amang National Aluminlum Company (NALGD) , Hinduslan Copper Limiled (HCL) and Mlner8| Mploration Gorooration Limited (MECL) to ideniify , esplore, acquire. oevelop. process pnmarity slrateglc minerals overseas for supply to india for meeting domesiir requirem.em* end for safe to any ofhar oounlry Iar commercial use. HCL holds 30P‹ equity in JVC.

3. Figures for the orevious period nave been regrouped/rearranged wherever necessary

*or and an behalf of the Board of Directors

Sanjiv Kumar Singh

CHAIRMAN AND MANAGING DIREGTOR & CEO (DIN 0954B38B)

Oate : 27.OF.2DZ5

‌D. Related Party Disciosure of the I-half Year ended 3st Mar 2025

HINDUSTAN COPPER LIMITED (A GOVT. OF INDIA ENTERPRISE)

Regd. Office : Tamra Bhavan’, 1, Ashutosh Chowdhury Avenue, Kolkata - 7O0 019 CIN : L27201WB1967GOIO28825

Phone: 2283-2226, E-mail: investors_cs@htndustancopper.com

Website: https://www.hindustancopper.com

Other Information - Integrated Filing (Financial) - For the quarter and year ended 31st March 2025

(In Accordance with the SEBI Circular No. SEBI/HO/CFD - Pod-Z/ClR/P/2024/1B5 dated December 31, 2024)

Note : Post employment benefits are actuarially oeterminud on overall basis and hence not separately provided