Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, contributed ₹18,846 crore to the national exchequer in FY 2025–26, according to its 9th Tax Transparency Report. The contribution reflects a combination of direct and indirect taxes, royalties, dividends to the Government of India, withholding taxes, and other statutory levies.
With this, the company’s cumulative contribution to the exchequer over the past five years has reached ₹91,572 crore, reinforcing its position as one of the key contributors to India’s mineral and industrial revenue base. The contribution accounted for 46% of the company’s total revenue during FY26.
The report has been prepared in alignment with globally recognized disclosure frameworks, including GRI 207: Tax 2019, and is guided by principles of the Extractive Industries Transparency Initiative (EITI) and the International Council on Mining and Metals (ICMM) Social and Economic Reporting Framework. An independent assurance of the report has been conducted by a Big Four audit firm, further strengthening disclosure credibility and governance standards.
The FY26 contribution includes ₹6,637 crore in indirect taxes, ₹5,073 crore in royalties (including contributions to District Mineral Foundation and National Mineral Exploration Trust), ₹4,552 crore in taxes on income, ₹1,180 crore in dividend payments to the Government of India, ₹755 crore in withholding taxes, and ₹593 crore in other taxes borne, along with ₹56 crore in additional indirect contributions. The effective tax rate for the year stood at 25.26%.
The strong fiscal contribution was supported by robust operational performance. Hindustan Zinc reported revenue of ₹40,844 crore, EBITDA of ₹22,162 crore, and profit after tax of ₹13,832 crore. During FY26, the company achieved its highest-ever mined metal production of 1,114 kilotonnes and silver production of 627 tonnes.
The company’s continued financial strength has also been reflected in capital market recognition, including inclusion in the Nifty 100 and Nifty Next 50 indices and entry into all Nifty ESG indices during the year. Since disinvestment, Hindustan Zinc has delivered long-term shareholder returns exceeding 1,400x, with a compounded annual growth rate of approximately 33%.
Tax transparency is positioned as a core component of the company’s ESG framework, aligning fiscal responsibility with sustainable development objectives. Hindustan Zinc has also been ranked the world’s most sustainable metals and mining company by S&P Global Corporate Sustainability Assessment 2025 for the third consecutive year.
Hindustan Zinc, part of the Vedanta Group, remains one of the world’s largest integrated zinc producers and among the top global silver producers. The company supplies products to more than 40 countries and continues to focus on sustainability, renewable energy integration, circular economy practices, and low-carbon metal production initiatives.
