Hindustan Zinc Limited, the world’s largest integrated zinc producer, has reported a strong performance for the quarter ended June 30, 2026, marked by record first-quarter revenue, highest-ever mined metal production and robust profitability. Revenue from operations rose 77% year-on-year to ₹13,747 crore, while EBITDA increased 109% to a record ₹8,074 crore. Net profit surged 145% year-on-year to ₹5,469 crore.
The company achieved its highest-ever first-quarter mined metal production of 268 kilotonnes (KT) for the fifth consecutive year. Refined metal production stood at 260 KT, up 4% year-on-year. Zinc cost of production, excluding royalty, improved 16% year-on-year to $851 per tonne, supported by better mined grades, higher metal production, increased renewable power consumption and stronger by-product realisations.
Silver production remained stable at 149 tonnes and continued to make a significant contribution to the company’s profitability, accounting for approximately 46% of overall profitability. Hindustan Zinc maintained an industry-leading EBITDA margin of approximately 59%, an improvement of nearly 900 basis points year-on-year. Free cash flow before growth capital expenditure stood at ₹5,253 crore.
Commenting on the performance, Arun Misra, Chief Executive Officer, said, “We have started the year on a strong note with our highest-ever first quarter mined metal production of 268 KT for the fifth consecutive year, reflecting the strength of our world-class assets and our relentless focus on operational excellence. Our debottlenecking initiatives continue to enhance refined metal production and reinforce our position as one of the world’s lowest-cost zinc producers. As demand for zinc continues to be driven by infrastructure and the energy transition, we remain committed to delivering responsible growth and long-term value for our stakeholders.”
The Board has approved the first interim dividend of ₹11 per share, representing 550% of face value and an aggregate payout of ₹4,648 crore. During the quarter, Hindustan Zinc contributed approximately ₹6,450 crore to the national exchequer, including royalties.
The company continued to strengthen its sustainability initiatives, increasing renewable power consumption to 22% of total power consumption. Rampura Agucha Mine became India’s first mine to receive Zinc Mark certification following Chanderiya. Hindustan Zinc was also included in the Dow Jones Best-in-Class Index for emerging markets and featured in TIME’s World’s Most Sustainable Companies 2026 list.
The company deployed India’s first 250-metric-tonne electric crane at Zinc Smelter Debari and introduced Rajasthan’s first and largest fleet of 41 electric buses for workforce transportation. It also signed agreements to explore hydrogen and clean energy solutions and partnered with TERI for a 250-hectare ecological restoration project at Chanderiya.
On leadership changes, Amarendu Prakash has been appointed Chief Executive Officer and Whole-time Director, effective August 1, 2026. He brings more than three decades of experience in India’s steel sector and previously served as Chairman and Managing Director of SAIL. Amit Gupta assumed the role of Chief Financial Officer effective June 1, 2026.
Hindustan Zinc continues to advance strategic projects, including a 510 KTPA fertiliser plant, a hot acid leaching facility at Dariba, a 250 KTPA integrated refined zinc expansion at Debari and India’s first 10 MTPA tailings reprocessing plant at Rampura Agucha.
As a Vedanta Group company, Hindustan Zinc supplies products to more than 40 countries and holds approximately 74% of India’s primary zinc market. The company remains focused on responsible mining, low-carbon production, energy transition metals and long-term value creation while advancing its commitment to achieving Net Zero emissions by 2050 or sooner.
