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  1. Hindustan Zinc board approves first interim dividend of FY26 at ₹10; shares fall 3%

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Hindustan Zinc board approves first interim dividend of FY26 at ₹10; shares fall 3%

Upstox

3 min read | Updated on June 11, 2025, 16:53 IST

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SUMMARY

Hindustan Zinc announced its first interim dividend of ₹10 per equity share for the 2025-26 financial year. It fixed Tuesday, June 17, 2025, as the record date for the payment of the dividend.

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Hindustan Zinc is a subsidiary of Vedanta Limited and is one of the world's largest producers of zinc, lead, and silver.

Hindustan Zinc is a subsidiary of Vedanta Limited and is one of the world's largest producers of zinc, lead, and silver.

Shares of Hindustan Zinc fell 2.62% to an intra-day low of ₹520.25 apiece on the National Stock Exchange (NSE) after its board of directors approved the first interim dividend of FY26 on Wednesday, June 11.

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The dividend of ₹10 per equity share with a face value of ₹2 each (500%), amounts to ₹4,225 crore for the 2025-26 financial year.

It fixed Tuesday, June 17, 2025, as the record date for the payment of the dividend.

In the last fiscal year, the Hindustan Zinc distributed dividends to the tune of ₹12,250 crore, the company said in a statement.

"This was through two dividends of ₹19 and ₹10," it said.

Hindustan Zinc is among the high-dividend-yield large-cap metal companies. With the first interim dividend for FY26, the dividend receipts for the government total nearly ₹1,180 crore, it said.

Hindustan Zinc March quarter results

Vedanta group firm Hindustan Zinc Ltd (HZL) reported a 47.3% increase in consolidated net profit at ₹3,003 crore in the quarter ended March 2025 on the back of higher income.

The company had posted a net profit of ₹2,038 crore in the year-ago period.

The firm’s income during the latest January-March quarter increased to ₹9,314 crore from ₹7,822 crore in Q4FY24. In a statement, the company said that it had its "best-ever fourth quarter profit after tax of ₹3,003 crore, up 47% year-on-year".

While announcing the March quarter earnings, HZL's Chief Financial Officer Sandeep Modi had said despite the global uncertainties, including recent market volatility from the ongoing trade war, the company's fundamentals remain robust.

"With a strong balance sheet, a structurally leaner cost base and a clear strategic direction, Hindustan Zinc is well-positioned to navigate external headwinds and continue delivering consistent, industry-leading returns," he said.

Hindustan Zinc share performance

Shares of Hindustan Zinc rose 9.61% over the past week and 14.36% since the beginning of June. The stock has surged 13.43% so far in Q1FY26 and 17.71% on a year-to-date basis.

The stock hit a 52-week low of ₹378.15 on March 3, 2025, and a high of ₹717 on July 8, 2024.

At around 1:45 pm, the share was trading 2.43% lower at ₹521.05 apiece.

Hindustan Zinc has a total market capitalisation of ₹2.2 lakh crore, as of June 11, 2025, on the NSE.

Hindustan Zinc (HZL) is a leading integrated zinc producer and amongst the top five silver producers globally. The company supplies to more than 40 countries and holds about 75% of the primary zinc market share in India.

With PTI inputs
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