Hindustan Zinc Ltd has reported its highest-ever Q2 revenue and EBITDA, with profit after tax (PAT) surging 19% quarter-on-quarter to ₹2,649 crore. Driven by strong operational efficiency, record mined metal output, and silver contributions, the Vedanta Group company continues to outperform in a steady global metals market.
Hindustan Zinc Ltd, India’s largest integrated zinc producer and a key player in global silver output, has delivered a stellar financial performance for Q2 FY26. The company posted its highest-ever second-quarter revenue of ₹8,549 crore, up 10% QoQ and 4% YoY, alongside a record EBITDA of ₹4,467 crore, up 16% QoQ and 7% YoY.
Profit after tax (PAT) surged to ₹2,649 crore, marking a 19% QoQ and 14% YoY increase. The company also achieved its best-ever mined metal production of 258 Kt and reported a five-year low zinc cost of production at $994 per tonne, reflecting improved operational efficiency and cost discipline.
Silver remained a standout contributor, accounting for nearly 40% of overall profitability. Hindustan Zinc’s EBITDA margin held steady at an industry-leading 52%, reinforcing its strong financial fundamentals and strategic positioning in the global metals market.
The results underscore the company’s ability to navigate commodity cycles while delivering consistent shareholder value. Analysts view this performance as a testament to Hindustan Zinc’s integrated operations, cost leadership, and diversified revenue streams.
Key Highlights:
- Q2 FY26 revenue reached ₹8,549 crore, highest ever for the company.
- EBITDA rose to ₹4,467 crore, with a stable margin of 52%.
- PAT surged 19% QoQ to ₹2,649 crore; up 14% YoY.
- Mined metal production hit a record 258 Kt.
- Zinc cost of production dropped to a five-year low of $994/tonne.
- Silver contributed ~40% to overall profitability.
- Strong shareholder returns and operational efficiency continue to drive performance.
Why This Matters:
Hindustan Zinc’s record-breaking quarter signals robust demand, disciplined execution, and strategic resilience in a volatile global metals environment. With silver and zinc prices holding firm, and cost efficiencies improving, the company is well-positioned to sustain growth and deliver long-term value to investors and stakeholders.
Sources: Financial Express, Khaskhabar, Moneycontrol, BusinessWire India, India CSR