Hindustan Zinc Limited has delivered a historic performance for the quarter and year ended March 31, 2026, driven by record production and robust commodity prices. The company achieved an all-time high quarterly net profit of ₹5,033 crore, representing a 68% year-on-year growth. For the full fiscal year, net profit rose to ₹13,832 crore. These results underscore the company’s operational excellence, industry-leading cost structures, and successful strategic focus on critical minerals and sustainable growth.
Quarterly Financial Milestones
During the final quarter of FY2026, Hindustan Zinc achieved significant financial and operational success. The company reported a record quarterly EBITDA of ₹7,747 crore, a 61% increase over the previous year. This performance was supported by the lowest-ever cost of production at $903 per tonne, a 9% improvement year-on-year. Quarterly revenue reached ₹13,544 crore, marking a 49% growth driven by higher zinc and silver prices alongside increased metal production.
Full-Year Growth Summary
For the full fiscal year 2026, the company recorded total revenue of ₹40,844 crore, up 20% year-on-year. Annual EBITDA reached ₹22,162 crore, an increase of 27%. The company’s disciplined capital allocation and strong free cash flow, which stood at ₹13,337 crore before growth capital expenditure, have significantly strengthened its balance sheet. Annual silver production reached 627 tonnes, contributing 45% to the company’s overall profitability.
Operational and ESG Achievements
Operational efficiency remained a key focus, with the company achieving its highest-ever annual mined metal production of 1,114 Kt. Furthermore, the company continues to bolster its sustainability leadership, with the Chanderiya Lead Zinc Smelter becoming India’s first site to receive both Zinc Mark and Copper Mark certifications. The company is also making strides in technology, having implemented a collision avoidance system across 30 pieces of equipment and introducing tele-remote drilling to enhance mine safety and productivity.
Strategic Outlook and HZL 2.0
As the company transitions into its next phase, dubbed HZL 2.0, it is actively strengthening its strategic roadmap. Key ongoing projects include a 510 Ktpa fertiliser plant and advanced hot acid leaching technology for lead and silver recovery, both expected to be completed by Q2 FY2027. With a record resource and reserve base of 468.6 million tonnes, the company is well-positioned to maintain its industry-leading margins and continue its commitment to Net Zero emissions by 2050.
Source: BSE
