Overview
- Hindustan Zinc’s Q1 FY26 net profit declined 4.73% year-on-year to ₹2,234 crore.
- Revenue dropped 4.42% to ₹7,771 crore and EBITDA fell 2% to ₹3,859 crore on softer volumes and lower zinc and lead prices.
- Management said higher silver prices, a stronger dollar and improved by-product realisations helped cushion the downturn.
- Shares dipped about 1% after the results, and Crisil Ratings saw no lender or investor flight following Viceroy Research allegations.
- The board declared an interim dividend of ₹10 per share and approved Phase-1 of a project to double metal output.