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Hindustan Zinc Q1 Profit Falls 4.7% as Shares Slip

The miner continues its Phase-1 capacity expansion underpinned by steady creditor confidence

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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.