| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 11.0K | 28.4% | 27.5% |
| Total Income | 11.3K | 28.3% | 27.6% |
| Expenditure | 6.1K | 15.7% | 14.4% |
| PBT | 5.2K | 47.7% | 48.3% |
| Net Profit | 3.9K | 47.8% | 46.2% |
| OPM | 55.36% | 3.37pp | 30.76pp |
| NPM | 34.74% | 4.59pp | 4.42pp |
| EPS | 9.27 | 47.9% | 46.2% |
Hindustan Zinc Reports Highest-Ever Quarterly Profit After Taxes of ₹ 3,916 Crore in Q3 FY26
19 Jan 2026 · 19 Jan, 3:24 pm
Summary
Hindustan Zinc, the World's Largest Integrated Zinc Producer, announces its results for the third quarter and nine months ended December 31, 2025. The company reported the highest-ever quarterly profit after taxes of ₹ 3,916 Crore, up 46% YoY, backed by record revenue and EBITDA.
Key Highlights
- 1
Highest-ever third quarter mined metal production of 276 Kt, up 7% QoQ and 4% YoY
- 2
Best-ever third quarter refined metal production of 270 Kt, up 9% QoQ and 4% YoY
- 3
5-year lowest quarterly cost of production of $940 per tonne, better 5% QoQ and 10% YoY
- 4
Highest-ever quarterly revenue of ₹ 10,980 crore, up 28% QoQ and 27% YoY
- 5
Record quarterly EBITDA of ₹ 26,087 crore, up 36% QoQ and 34% YoY with industry leading EBITDA margin of 55%
- 6
Highest-ever quarterly profit after taxes of ₹ 3,916 crore, up 48% QoQ and 46% YoY
- 7
Silver production of 158 MT, up 10% QoQ, contributing 44% to profits, uniquely positioned for riding the silver wave
- 8
Debottlenecking at Chanderiya Smelter successfully completed. Refined zinc capacity increased by 21 Ktpa including the earlier commissioned debottlenecking at Dariba Smelter
- 9
Declared as successful bidder for the Tungsten Block in Balepalyam, Andhra Pradesh
- 10
Delivered superior shareholder wealth creation at 5x of Nifty 100 and 2.4x of Nifty Metal returns 9M FY26
- 11
Highest-ever mined metal production of 799 Kt
- 12
Best-ever refined metal production of 766 Kt
- 13
5-year lowest Zinc cost of production of $980 per tonne, better 9% YoY
- 14
Highest-ever revenue of ₹ 27,300 crore, up 9% YoY
- 15
Record EBITDA of ₹ 14,415 crore, up 14% YoY, with industry leading EBITDA margin of c.53%
- 16
Best-ever profit after taxes of ₹ 8,799 crore, up 20% YoY
- 17
Delivered strong total shareholder returns of 35%, including dividend of ₹ 10/share
Management Comments
Arun Misra
Chief Executive Officer
The quarter marked a record performance, reflecting operational excellence and strong fundamentals with the Company achieving its highest-ever third quarter metal production and 5-year lowest quarterly zinc cost of production of $940 per tonne. I am immensely proud that our sustainability leadership continues to set a global benchmark by retaining the No. 1 position in metals & mining in S&P Global Corporate Sustainability Assessment 2025 for the 3' consecutive year. With debottlenecking projects completed, 2x growth projects underway, and strategic diversification into critical metals, we remain firmly positioned at the forefront of global energy transition.
Sandeep Modi
Chief Financial Officer
Hindustan Zinc delivered a record financial performance for the quarter and nine months, with 3Q Profit after taxes surging 48% sequentially to an all-time high of ₹ 3,916 crore, driven by highest-ever revenue and EBITDA. The contribution of our precious metal portfolio to profits rose to 44% during the quarter. With a strong balance sheet, cost leadership, disciplined execution, and industry-leading margins, we are well positioned to translate opportunity into sustained and superior shareholder returns.
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