Vedanta Subsidiary Beats Street Estimates! Hindustan Zinc Q1 result Profit Jumps 145%

Hindustan Zinc Q1 Result: Vedanta subsidiary, Hindustan Zinc Limited, reported robust performance in the first quarter of financial year 2026-27. The silver producer reported a 145% year-on-year surge in its consolidated net profit to Rs 5469 crore in Q1FY7. The company's revenue from operations surged by 71.6% on an annual basis to Rs 13,033 crore.

Hindustan Zinc share price closed marginally higher at Rs 531.95 per share on BSE on Friday after recovering from the day's low post the Q1 result announcement. The metal stock hit an intraday high of Rs 534.65 per share and an intraday low of Rs 522.75 per share.

Hindustan Zinc Q1 Result

The zinc and silver producer's net profit increased by 145% yearly to Rs 5,469 crore in Q1FY27 against Rs 2,234 crore in Q1FY26. Its revenue from operations increased nearly by 71% to Rs 13,033 crore in Q1FY27 against Rs 7,591 crore in Q1FY26. The company's EBITDA stood at Rs 8,074 crore in Q1FY26, which was up 109% on an annual basis. The EBITDA jump was driven by increased metal production, higher metal prices, lower cost of production, and a stronger dollar.

Hindustan Zinc Q1 Result: Update on Mine Production

The company reported its highest-ever first-quarter mined metal production of 268 KT for the fifth consecutive year. Refined metal production stood at 260 KT, which was 40% higher than the corresponding quarter. It also reported the lowest quarterly zinc cost of production of $ 851 per tonne, which was 16% higher on a YoY basis.

The base metal producer also secured a mining lease for the Gundlupet rare earth elements (REE) & Yttrium Block in Karnataka. Zinc's cost of production (COP) excluding royalty stood at $ 851 per tonne during the quarter. It was better by 16% on an annual basis on account of better mined grades, increased metal production, better renewable power consumption and higher by-product realisations.

"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," stated Arun Misra, Chief Executive Officer.

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