Hindustan Zinc Limited, the world’s largest integrated zinc producer, has announced its financial and operational results for the fourth quarter and full year ended March 31, 2026, reporting its strongest performance to date. The company delivered a record-breaking fourth quarter, driven by exceptional operational efficiency, strong commodity prices, and disciplined cost management.
Mined metal production reached an all-time high of 315 kilotonnes, while refined metal output stood at 282 kilotonnes. The cost of production dropped to a historic low of $903 per tonne, reflecting a 9% year-on-year improvement.
Revenue for the quarter surged to ₹13,544 crore, marking a 49% increase over the previous year. EBITDA rose sharply by 61% to ₹7,747 crore, with margins expanding to 57%. Net profit for the quarter climbed 68% year-on-year to ₹5,033 crore. Silver production also showed strong momentum, reaching 176 tonnes.
For the full year FY26, Hindustan Zinc continued its upward trajectory, achieving its highest-ever mined metal production of 1,114 kilotonnes and refined metal output of 1,048 kilotonnes. Annual revenue stood at ₹40,844 crore, up 20% year-on-year, while EBITDA reached a record ₹22,162 crore, growing 27%.
Net profit for the year increased by 34% to ₹13,832 crore, supported by robust free cash flow of ₹13,337 crore. Silver production totaled 627 tonnes, contributing significantly to overall profitability. The company also strengthened its long-term outlook with ore reserves of 468.6 million tonnes, ensuring over 25 years of mine life.
Commenting on the performance, Chief Executive Officer Arun Misra highlighted the achievement of crossing 1.1 million tonnes of mined metal production and emphasized the company’s focus on future growth, including expansion into critical minerals. Chief Financial Officer Sandeep Modi noted that strong capital discipline and cost leadership have reinforced the company’s financial strength.
Hindustan Zinc also advanced its sustainability agenda. Its Chanderiya smelter became India’s first to receive Zinc Mark and Copper Mark certifications. A strategic collaboration with Tata Steel and Silox India enabled the adoption of EcoZen, a low-carbon zinc product with significantly reduced emissions. Additional initiatives included enhanced mine safety systems, increased automation, and the launch of an all-women-operated production unit.
A Vedanta Group company, Hindustan Zinc supplies to over 40 countries and commands a dominant share of India’s primary zinc market. Recognized globally for sustainability leadership, the company continues to play a vital role in supporting the transition to a low-carbon economy.
