The metals major posted a sharp 68% year-on-year (YoY) increase in consolidated profit after tax (PAT), rising to Rs 5,033 crore in Q4 FY26 from Rs 3,003 crore in the corresponding period last year. Revenue from operations also grew significantly, jumping 49% YoY to Rs 13,544 crore from Rs 9,087 crore a year ago.
Earnings before interest, tax, depreciation and amortisation (EBITDA) reached a record Rs 7,747 crore during the quarter, marking a 61% YoY increase, with margins expanding to an industry-leading 57%.
The March quarter saw the company deliver its strongest-ever operational performance across key metrics. Mined metal production hit a record 315 kilotonnes (Kt), while refined metal output stood at an all-time high of 282 Kt. The company also achieved its lowest-ever cost of production at $903 per tonne, improving 9% YoY. Silver production rose to 176 tonnes, up 11% sequentially.
Hindustan Zinc dividend announcement
In a move that further boosted investor sentiment, the Vedanta Group subsidiary announced its first interim dividend for FY27. The company declared a dividend of Rs 11 per equity share (550% on a face value of Rs 2), amounting to a total payout of Rs 4,648 crore.
The record date for determining eligible shareholders has been set as April 30. Investors holding shares in their demat accounts as of this date will qualify for the dividend.
Hindustan Zinc FY26 Highlights: Record-Breaking Annual Performance
- Mined metal production reached an all-time high of 1,114 Kt.
- Refined metal production stood at 1,048 Kt, the second-highest ever.
- Zinc production cost dropped to a five-year low of $959 per tonne, improving 9% YoY.
- Revenue rose 20% YoY to a record Rs 40,844 crore.
- EBITDA increased 27% YoY to Rs 22,162 crore.
- Net profit surged 34% YoY to Rs 13,832 crore.
The company also generated a strong free cash flow of Rs 13,337 crore (pre-growth capex) and reported silver production of 627 tonnes, contributing 45% to overall profitability.
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Additionally, Hindustan Zinc strengthened its resource base, reporting record ore reserves and resources of 468.6 million tonnes, translating into a mine life of over 25 years. The company also surpassed 13.9 million tonnes of metal reserves and 10.9 kilotonnes of silver reserves for the first time.
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