Vedanta, Hindustan Zinc shares rally over 2% post-Q4 business updates; details investors need to know

The company's production of aluminium and zinc rose while output of iron ore, steel, and oil & gas declined.

The company's total aluminium production during the quarter rose by 2%, and Zinc India's mined metal production increased by 2%.

In the oil and gas segment, Vedanta's average daily gross operated production dropped 15 per cent during the March quarter to 81,500 barrels of oil equivalent per day (boepd).

While the production of saleable iron ore dropped 3% during the quarter, the saleable steel output during the quarter declined marginally by 1%, the company said in a regulatory filing.

In a statement, the company said that it remains focused on driving efficiency, scale, and long-term value creation.

Vedanta Group, a global natural resources and technology conglomerate, has a broad portfolio spanning critical minerals, energy transition metals, oil & gas, and power.

Shares of Vedanta gained as much as 2.4% to ₹704.40 apiece on the NSE,while HZL shares gained 2.1% to ₹526.60.

Hindustan Zinc Q4 business update

Hindustan Zinc, the listed arm of Vedanta, on Friday, stated that the company logged its best-ever quarterly mined metal production at 315 kt, driven by higher ore production and better grades.

It saw a record quarterly refined metal production at 282 kt, driven by additional capacity unlocked by the debottlenecking projects at Chanderiya and Dariba, improved operational efficiency and higher plant availability.

Silver production at 176 metric tonnes, up 11% QoQ in line with lead production.

Wind power generation at 56 million units, in line with wind velocity.

FY26 update

• Highest-ever mined metal production at 1114 kt, in line with higher ore production and better grades.

• Best achieved refined zinc production at 851 kt, up 3% YoY, driven by the commissioning of debottlenecking projects & 160 ktpa roaster along with Pyro operations in zinc-lead mode for a full year.

• Refined lead production at 197 kt, down 13% YoY, primarily on account of Pyro operations running partially on lead mode in the previous period & lower plant availability.

• Silver production at 627 metric tonnes, in line with lead production and lower silver input from mines in accordance with the mining sequence.

• Wind power generation at 372 MU, up 7% YoY in line with wind velocity.