Hindustan Zinc Reports 142% Surge in Q2 Profit to ₹6,412 Crore

Hindustan Zinc has announced a remarkable financial performance for the second quarter of FY27, reporting a net profit of ₹6,412 crore, which reflects a staggering 142% increase compared to the same period last year. This significant growth is attributed to a combination of rising metal prices and enhanced production capabilities, marking a strong quarter for the company.

In the July-September quarter, Hindustan Zinc's revenue from operations surged by 76.5%, reaching ₹15,093 crore, up from ₹8,549 crore in the corresponding quarter of the previous fiscal year. The increase in revenue was fueled by higher production levels, improved by-product realization, and favorable currency exchange rates. However, total expenses also rose by approximately 31.5%, totaling ₹6,895 crore during the same period.

The company's EBITDA saw a remarkable increase, more than doubling to ₹9,285 crore, which represents a year-on-year growth of around 108%. The EBITDA margin improved significantly to 62%, up from 52% a year earlier. Notably, net silver sales soared by 141% to ₹4,111 crore, while zinc sales increased by 54% to ₹8,224 crore, with other metals also showing substantial growth in sales.

Hindustan Zinc's management expressed optimism regarding the company's performance. CEO Amarendu Prakash highlighted the record production levels of mined and refined metals, emphasizing the strength of their operations and commitment to sustainable growth. CFO Amit Gupta noted the company's robust financial position, underscoring their focus on maintaining high productivity and financial discipline.

Looking ahead, Hindustan Zinc aims to continue its growth trajectory while investing in innovation and sustainability. The company is committed to enhancing its portfolio of critical minerals to support India's energy transition. As the market evolves, stakeholders will be keenly observing the company's strategic moves and financial health in the upcoming quarters.