One of the leading zinc, lead and silver producers saw its profit after tax (PAT) grow 19% on a quarter-on-quarter basis compared to Rs 2,234 crore in Q1FY26. The topline increased 9% over Rs 7,591 crore reported in the April-June quarter of FY26.
Hindustan Zinc shares extended their fall to 2% to hit the day’s low of Rs 496.40 on the NSE, following the announcement of results.
HZL’s September quarter expenses stood at Rs 5,245 crore, up from Rs 5,065 crore in Q1FY26 and down from Rs 5,309 crore in Q2FY25. The expenses were incurred towards payment of mining royalty, finance cost, and employee benefits, among other things.
Segment revenue
1) Zinc, Lead, others: HZL earned a revenue of Rs 6,528 crore from the zinc and lead segment. It was higher on a QoQ and YoY basis versus Rs 6,116 crore in Q1FY26 and Rs 6,403 crore in Q2FY25.2) Silver metal: The company earned a revenue of Rs 1,707 crore from the zinc and lead segment. It was higher on a QoQ and YoY basis versus Rs 1,426 crore in Q1FY26 and Rs 1,550 crore in Q2FY25.3) Wind Energy: It also earned Rs 47 crore in revenue from this segment, down from Rs 49 crore in Q1FY26 and Rs 51 crore in Q2FY25.
Operating margin (%)
The Earnings before Interest and Tax (EBIT)/ Revenue stood at 42% in Q2FY26 versus 38% in Q1FY25 and 40% in Q2FY25.
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Net Profit margin stood at 31% in Q2FY26 versus 29% in Q1FY25 and 29% in Q2FY25.
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