Hindustan Zinc shares jump 6% ahead of board meeting to consider dividend; check details

The Vedanta Group firm has informed the stock exchanges that its board will be meeting on Wednesday, June 11, to consider and approve the first interim dividend of FY26.

“Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Tuesday, June 17, 2025,” Hindustan Zinc said in a statement to the exchanges last week.

The company had last paid an interim dividend of ₹19 per share to its shareholders in August last year.

Last seen, shares of Hindustan Zinc were trading at ₹525.20 apiece on the National Stock Exchange, surging 4.57%.

According to the March quarter, Hindustan Zinc's promoter, Vedanta Ltd, had a 63.42% stake in the company.

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.

Income of the company during the latest January-March quarter increased to ₹9,314 crore from ₹7,822 crore in the year-ago period. 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".

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

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.