Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, has reported an impressive INR 18,963 crores contribution to the exchequer for FY25, according to its 8th Tax Transparency Report. This reflects 56% of the company’s total revenue from operations and underscores Hindustan Zinc’s ongoing commitment to nation-building and transparent governance.
The company’s total contribution to the exchequer over the last five years has now reached INR 87,616 crores, marking a 44% increase over the previous year. This significant financial contribution plays a vital role in supporting India’s economic growth, even in the face of global market volatility and fluctuating metal prices. Hindustan Zinc remains committed to fiscal discipline and actively supports the Atmanirbhar Bharat mission, alongside providing voluntary disclosures that bolster India’s economic and social progress.
These contributions are backed by Hindustan Zinc’s record-breaking operational achievements, which include the highest-ever mined and refined metal production levels of 1,095 KT and 1,052 KT, respectively. The company also recorded its lowest zinc production cost in four years at $1,052 per metric ton. Additionally, Hindustan Zinc surpassed 13.1 million metric tons in metal reserves, maintaining a mine life of over 25 years, further solidifying its leadership in the global mining sector.
The 8th edition of Hindustan Zinc’s Tax Transparency Report provides a comprehensive overview of the company’s significant tax contributions over the past five fiscal years. The report highlights the company’s commitment to transparent governance and its pivotal role in supporting India’s economic growth through substantial tax payments.
In terms of government royalties and levies, Hindustan Zinc has contributed INR 18,191 Crores, which includes payments to the Rajasthan state government, the District Mineral Foundation (DMF), and the National Mineral Exploration Trust. Additionally, the company paid INR 12,393 Crores in taxes on income, which covers corporate income taxes filed in its statutory returns.
The report also reveals that Hindustan Zinc has provided INR 21,627 Crores in corporate dividends to the Government of India. Along with these contributions, the company has paid INR 27,500 Crores in indirect taxes, including CGST, SGST, and IGST, related to the sale of goods. These figures underscore Hindustan Zinc’s robust fiscal contribution and support for both local and national economic development.
Hindustan Zinc has maintained an average annual contribution of INR 3,600 crores to the State of Rajasthan, reinforcing its strong economic partnership with the state through royalties, DMF contributions, and other statutory levies. Hindustan Zinc’s dedication to tax transparency is part of a broader Environmental, Social, and Governance (ESG) strategy. By voluntarily sharing detailed information about its tax contributions, the company fosters stakeholder confidence and upholds the highest standards of corporate governance. Hindustan Zinc has been recognized as the world’s most sustainable metals and mining company for two consecutive years by the S&P Global Corporate Sustainability Assessment.
The company also launched EcoZen, Asia’s first low-carbon “green” zinc brand, produced using renewable energy. EcoZen has a carbon footprint of less than 1 tonne of CO2 equivalent per tonne of zinc, about 75% lower than the global average. Additionally, Hindustan Zinc is a certified 3.32-times Water-Positive company and has committed to achieving Net Zero emissions by 2050 or earlier. Through focused social welfare programs, Hindustan Zinc has positively impacted the lives of 2.3 million people and is ranked among the Top 10 CSR companies in India.
Hindustan Zinc Limited, a Vedanta Group company, is the world’s largest integrated zinc producer and one of the top 5 silver producers globally. The company serves over 40 countries and holds a dominant 77% market share of India’s primary zinc market. It has earned recognition for its operational excellence, innovation, and leadership in sustainability. Hindustan Zinc continues to pioneer advancements in both the global mining sector and India’s industrial development.
