Hindustan Zinc announced record quarterly profit after taxes of ₹3,916 crore, a 46% YoY increase, backed by record revenue and EBITDA. Silver production contributed significantly, accounting for 44% of profits. The company also reported a 5-year low in quarterly zinc production costs, alongside completing debottlenecking at the Chanderiya Smelter, increasing refined zinc capacity. The company also secured the Tungsten Block in Balepalyam, Andhra Pradesh.
Exceptional Financial Performance
Hindustan Zinc reported its highest-ever quarterly profit after taxes of ₹3,916 crore, up 46% YoY. This performance was fueled by record revenue and EBITDA, demonstrating strong operational efficiency and favorable market conditions.
Key Highlights for Q3 FY26
- Highest-ever third quarter mined metal production: 276 Kt, up 4% YoY.
- Best-ever third quarter refined metal production: 270 Kt, up 4% YoY.
- 5-year lowest quarterly cost of production: $940 per tonne.
- Highest-ever quarterly revenue: ₹10,980 crore, up 27% YoY.
- Record quarterly EBITDA: ₹6,087 crore, up 34% YoY.
- EBITDA margin of 55%.
- Silver production: 158 MT, contributing 44% to profits.
9M FY26 Performance Overview
- Highest-ever mined metal production: 799 Kt.
- Second-best-ever refined metal production: 766 Kt.
- 5-year lowest Zinc cost of production: $980 per tonne.
- Highest-ever revenue: ₹27,300 crore, up 9% YoY.
- Record EBITDA: ₹14,415 crore, up 14% YoY, with industry leading EBITDA margin of c.53%.
- Best-ever profit after taxes: ₹8,799 crore, up 20% YoY.
ESG Leadership & Sustainability
Hindustan Zinc maintains its No.1 position in metals & mining in the S&P Global Corporate Sustainability Assessment for the 3rd consecutive year. Furthermore, the company’s integrated annual report was ranked No.1 amongst Indian integrated reports. The company flagged off 10 electric vehicle (EV) bulker trucks at Zinc Smelter Debari and Kayad Mines achieved GreenCo Silver rating.
Source: BSE
