Hindustan Zinc announced a 19% QoQ surge in profit after taxes to ₹2,649 crore, driven by record second-quarter revenue. The company reported best-ever mined metal production and industry-leading EBITDA margins. Hindustan Zinc also highlighted its inclusion in the Nifty 100 and Nifty Next 50 indices and its commitment to sustainable mining practices. The results reflect strong operational performance and strategic positioning in the market.
Financial Performance Highlights
Hindustan Zinc reported a strong financial performance for the second quarter, with profit after taxes surging to ₹2,649 crore, a 19% increase QoQ. This growth was supported by the highest-ever second-quarter revenue and EBITDA. Key highlights include:
- Best-ever second quarter mined metal production of 258 Kt, up 1% YoY.
- Highest-ever 2Q revenue from operations of ₹8,549 crore, up 10% QoQ and 4% YoY.
- Best-ever 2Q EBITDA of ₹4,467 crore, up 16% QoQ and 7% YoY, with an industry-leading EBITDA margin of 52%.
First Half (H1) FY26 Performance
The company also demonstrated strong performance in the first half of FY26, including:
- Highest-ever mined metal production of 523 Kt.
- Revenue from operations of ₹16,320 crore.
- EBITDA of ₹8,328 crore.
- Profit after taxes of ₹4,883 crore, up 5% YoY.
Key Operational Developments
Several strategic initiatives and operational improvements contributed to the company’s performance:
- Commissioning of the 160 Ktpa Roaster at Debari.
- Completion of debottlenecking at Dariba Smelting Complex.
- Board approval for India’s first Zinc tailing reprocessing plant of 10 Mtpa at Rampura Agucha.
- Inclusion in the Nifty 100 and Nifty Next 50 indices, effective September 30, 2025.
Sustainability and ESG Initiatives
Hindustan Zinc continues to focus on sustainable and responsible mining practices:
- Became the first Indian Company to join the International Council on Mining and Metals (ICMM).
- Signed additional MoUs for the deployment of EV trucks.
- Received recognition for environmental and R&D projects.
Outlook for FY2026
The company provided the following revised guidance for FY26:
- Mined Metal Production: 1,125 (±10) kt
- Refined Metal Production: 1,075 (±10) kt
Source: BSE