Hindustan Zinc Q1 result: Profit declines 5% to ₹2,234 cr, revenue down 4%

Hindustan Zinc on Friday reported a consolidated net profit of ₹2,234 crore for the first quarter (Q1) of the financial year 2025-26 (FY26), down 4.75 per cent from ₹2,345 crore in the same period last year.

 

Compared to the previous quarter (Q4 FY25), the company’s profit declined by 25.61 per cent, dropping from ₹3,003 crore.

 

Hindustan Zinc's consolidated revenue for Q1 FY26 stood at ₹7,591 crore, marking a 3.8 per cent decline compared to ₹7,893 crore during the year-ago period. Sequentially, revenue dropped 14 per cent from ₹8,829 crore in Q4 FY25.

 

Total expenses for Q1 FY26 were ₹5,065 crore, down 4.2 per cent from ₹5,284 crore year-on-year (Y-o-Y) and decreased 8.4 per cent sequentially from ₹5,532 crore.

 

 

Hindustan Zinc sees highest Q1 mined metal

 

The company stated that it achieved its highest-ever Q1 mined metal production of 265 kilotonnes, up 1 per cent Y-o-Y, with record zinc alloy output raising value-added products to 24 per cent. It also recorded its lowest-ever zinc cost of production at $1,010 per tonne, down 9 per cent Y-o-Y, the company said in a BSE filing.

 

The board approved a Phase-1 expansion to double metal capacity by 250 Ktpa, backed by ₹12,000 crore investment. Key projects include commissioning a 160 Ktpa roaster at Debari and upgrades to smelting complexes, with a fertiliser plant expected by Q1 FY27, the company said.

 

“Delivering our highest-ever first quarter mined metal production at the lowest-ever zinc cost of production reflects our relentless focus on operational efficiencies and cost leadership. In line with the rising zinc demand projected by 2030, the board has approved the Phase-1 expansion project towards 2x growth, further strengthening our growth pipeline. Coupled with the addition of blocks of critical minerals and rare earth elements, we are strategically poised to transform into a true multi-metal powerhouse, unlocking sustained value for all our stakeholders.”  Arun Misra, CEO of Hindustan Zinc, said.

 

Shares of Hindustan Zinc were trading 0.14 per cent down at ₹436.45 apiece at 3.09 pm on the BSE on Friday.