
Hindustan Zinc Reports Record Quarterly Net Profit of ₹ 5,469 crore as Metal Production Hits Highest-Ever Mark
Hindustan Zinc Limited has announced strong operational results for the first quarter ended June 30, 2026, reporting a record quarterly net profit of ₹ 5,469 crore. The company achieved a highest-ever Quarterly EBITDA of ₹ 8,074 crore, marking a significant increase year over year (YoY).The results highlight operational resilience and cost efficiency across the integrated producer. Key highlights include achieving the highest-ever first-quarter mined metal production of 268 KT for the fifth consecutive year. Refined metal production stood at 260 KT, representing a 4% increase YoY. Furthermore, the company recorded its lowest quarterly zinc cost of production at $ 851 per tonne, which is 16% better than the previous year.
Financial and Operational Performance Snapshot
Revenue from operations stood at ₹ 13,747 crore for the quarter, up 77% YoY, benefiting from higher metal prices, increased metal production, lead concentrate sales, stronger by-product realization, and a favorable dollar rate. EBITDA reached ₹ 8,074 crore, reflecting an industry-leading margin of approximately 59%, which is up roughly 900 basis points (bps) YoY.Net profit for the quarter was ₹ 5,469 crore, showing a sharp increase of 145% YoY, in line with the record EBITDA performance.
The company also reported strong liquidity as of June 30, 2026, stating that gross investments and cash amounted to ₹ 12,892 crore against total borrowings outstanding of ₹ 7,320 crore. Hindustan Zinc maintains a consistent Investment grade credit rating of AAA from CRISIL.
Leadership and ESG Milestones
The Board of Directors has made key leadership appointments. Mr. Amarendu Prakash was appointed as the Chief Executive Officer and Whole-time Director, effective August 01, 2026. Mr. Amit Gupta assumed the role of Chief Financial Officer with effect from June 01, 2026.In terms of ESG initiatives, the company achieved several milestones. The Rampura Agucha Mine became India's first mine to receive the Zinc Mark certification following Chanderiya. Hindustan Zinc was also included in the Dow Jones Best-in-Class (DJBIC) Index for the first time. Other highlights include deploying India's first 250 metric tonne capacity electric crane at Zinc Smelter Debari and signing an MoU with The Energy and Resources Institute (TERI) to develop a 250-hectare ecological restoration project at the Chanderiya Lead Zinc Smelter.
Future Projects and Financial Summary
The company is progressing on several large-scale projects, including:- A 510 KTPA Fertiliser plant expected completion by 2QFY27.
- Innovative hot acid leaching technology for recovery of lead and silver from smelting waste at Dariba, targeted for completion by 2QFY27.
- The 250 KTPA integrated refined zinc capacity expansion at Debari, expected to be completed by 2QFY29 after engineering and supply ordering commenced.
A financial summary comparing Q1 FY27 and Q1 FY26 results is provided below:
| Financial Metric (₹ crore) | Q1 FY27 | Change YoY |
|---|---|---|
| Revenue from Operations | 13,747 | 77% |
| EBITDA | 8,074 | 109% |
| Net Profit (after exceptional items) | 5,469 | 145% |
A detailed look at production and cost efficiency is as follows:
| Production/Cost Indicator | Q1 FY27 | Comparison Metric |
|---|---|---|
| Mined Metal Production ('000 MT) | 268 | Highest-ever for the fifth consecutive year |
| Refined Metal Production (Zinc & Lead) | 260 | Up 4% YoY |
| Zinc Cost of Production (CoP) excluding royalty | $ 851 per tonne | Better by 16% YoY |
The company also reported a contribution of circa ₹ 6,450 crore to the national exchequer during the quarter, including approximately ₹ 1,700 crore to the Rajasthan state exchequer through mining royalties.
HINDZINC Stock Price Movement
Shares of Hindustan Zinc Limited today slipped by 0.22% as they settled at ₹530. The stock traded a total volume of 3.93 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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