Hindustan Zinc Q2 Results: Net Profit rises 149% to ₹6,412 crore, revenue up 77%

The company had reported a net profit of ₹2,649 crore in the same period of the previous fiscal year.

Its revenue from operations increased 76.55% to ₹15,093 crore in Q2 FY27, compared to ₹8,549 crore a year back.

The operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), advanced 108% to ₹9,248 crore as compared to ₹4,445 crore in the corresponding quarter of the previous fiscal year.

Its EBITDA margin expanded to 61.27% in the quarter under review from 51.99% in Q2 FY26.

As on September 2026, the firm had healthy gross investments and cash of ₹7,439 crore. Total borrowings outstanding as on this September was ₹6,171 crore.

Zinc's cost of production (COP) excluding royalty stood at $703 per tonne during the reporting quarter, better by 29% YoY on account of better mined grades, better renewable power consumption, increased metal production and higher by-product realisations, partly offset by lower domestic coal usage and increased input commodities prices in line with the ongoing geopolitical crisis globally, the company said in its exchange filing.

Hindustan Zinc Q2 key highlights

• Record Q2 mined metal production at 271 KT, up 5% YoY
• Best-ever second quarter refined metal production at 264 KT, up 7% YoY
• Zinc cost of production (COP) excluding royalty at $703 per tonne, better 29% YoY
• Silver production at 173 tonnes, up 20% YoY
• Revenue from operations at ₹15,093 crore, up 77% YoY
• Net profit at ₹6,412 crore, up 149% YoY

"Our record quarterly mined metal production of 271 KT and refined metal production of 264 KT demonstrate the strength of our operations, assets and people. We remain focused on disciplined growth, AI-led innovation, and advancing our critical minerals portfolio to support India’s energy transition while delivering long-term stakeholder value," Amarendu Prakash, the company's Chief Executive Officer, said.

The stock settled 0.3% lower at ₹538.40 apiece on the National Stock Exchange (NSE).