Hindustan Zinc Limited , the world’s largest integrated zinc producer and one of the top five global silver producers, announced a record-breaking performance for the quarter and half-year ended September 30, 2025. The company achieved its highest-ever second quarter mined metal output of 258 Kt, supported by a five-year low zinc production cost of $994 per tonne — a 7% improvement year-on-year and 2% quarter-on-quarter.
Revenue from operations reached an all-time high of ₹8,549 crore, up 10% sequentially and 4% year-on-year, while EBITDA rose to ₹4,467 crore, marking a 16% quarter-on-quarter and 7% annual increase, maintaining a robust 52% margin. Net profit stood at ₹2,649 crore, growing 19% sequentially and 14% over the previous year.
Silver continued to be a key driver, contributing nearly 40% of total profitability, underscoring Hindustan Zinc’s advantage in the emerging silver economy. The company’s shares delivered a 7% total return during the quarter, outperforming the Nifty 100’s 3% decline.
Reflecting its strong fundamentals and market leadership, Hindustan Zinc was included in both the Nifty 100 and Nifty Next 50 indices effective September 30, 2025. The quarter also saw operational milestones, including commissioning a new 160 Ktpa roaster at Debari, debottlenecking at the Dariba Smelting Complex, and Board approval for India’s first 10 Mtpa Zinc Tailings Reprocessing Plant at Rampura Agucha, reinforcing its commitment to resource efficiency and circular growth.
Commenting on the results, Arun Misra, CEO, said, “This quarter marks a milestone with record mined metal production and the lowest zinc cost in five years, a testament to our operational excellence, innovation, and workforce dedication. Joining the International Council on Mining and Metals (ICMM) as India’s first member reaffirms our dedication to responsible mining. As we enter our next phase of expansion, we aim to maximize resource value, advance circularity, and strengthen our role in India’s clean energy journey.”
Sandeep Modi, CFO, added, “Our financial strength this quarter reflects disciplined cost management and portfolio diversification. With silver contributing around 40% of profits, we are well placed to leverage favorable market dynamics while driving sustainable value creation. Inclusion in the Nifty 100 and Nifty Next 50 indices further validates our consistent performance and leadership among India’s top corporates.”
A Vedanta Group company, Hindustan Zinc serves over 40 countries and commands approximately 77% of India’s primary zinc market. It has been ranked the world’s most sustainable metals and mining company for the second year in a row by S&P Global (CSA 2024).
The company also pioneered EcoZen, Asia’s first low-carbon ‘green zinc’ with a carbon footprint 75% below the global average. Certified 3.32x water positive and targeting Net Zero emissions by 2050 or earlier, Hindustan Zinc continues to drive responsible growth and social impact, transforming over 2.3 million lives through its CSR initiatives while supplying critical metals essential for a sustainable future.
