Hindustan Zinc Reports Highest Q1 Mined Metal Output for Fifth Consecutive Year

Hindustan Zinc announced its production numbers for the first quarter ended June 30, 2026, reporting the highest-ever mined metal production for a first quarter for the fifth consecutive year. The company achieved mined metal output of 268 kt, representing a 1% increase compared to the corresponding period in the previous fiscal year. This performance was driven mainly by better grades, according to the production release filed with the exchanges.

Refined metal production reached 260 kt, a 4% increase from the 250 kt recorded in Q1FY26. This growth was supported by capacity unlocked through debottlenecking initiatives at Chanderiya and Dariba, as well as the 160 ktpa roaster at Debari. These gains offset the impact of planned maintenance activities undertaken during the quarter.

Production Highlights

The company's saleable silver production remained stable at 149 tonnes, consistent with the output in Q1FY26. This figure aligns with the lead production volumes for the period. Meanwhile, wind power generation stood at 133 million units, a decrease of 1% year-on-year, which the company attributed to wind velocity and seasonality impacts.

The following table summarises Hindustan Zinc's key production metrics for the quarter:

Particulars (In '000 tonnes, or as stated)	1Q FY27	1Q FY26	% Change	4Q FY26	% Change
Mined Metal	268	265	1%	315	-15%
Saleable Metal	260	250	4%	282	-8%
- Refined Zinc	213	202	6%	227	-6%
- Refined Lead	47	48	-2%	55	-14%
Silver (in tonnes)	149	149	-0.4%	176	-16%
Silver (in million ounces)	4.8	4.8	-0.4%	5.7	-16%
Wind Power (in million units)	133	134	-1%	56	138%

The refined zinc production included 3.3 kt from Hindustan Zinc Alloys, a 100% subsidiary of Hindustan Zinc. The filing was submitted by Aashhima V Khanna, Company Secretary & Compliance Officer, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.82%	-2.44%	-15.58%	-13.60%	+17.40%	+55.52%

Hindustan Zinc Limited concluded its 60th Annual General Meeting (AGM) on June 29, 2026, with shareholders approving all eight proposed resolutions with the requisite majority. The meeting, conducted via video conferencing, saw the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The company confirmed that the auditors' report contained no qualifications, modified opinions, or adverse remarks. The remote e-voting period was open from June 24, 2026, to June 28, 2026, and the meeting commenced at 11:50 A.M. IST and concluded at 01:54 P.M. IST.

Key Resolutions Passed

Shareholders voted on several critical items concerning the company's governance and financial health. The resolutions included the re-appointment of Mr. Navin Agarwal, who retires by rotation, and the appointment of M/s M S K A & Associates LLP as the Statutory Auditors. Additionally, members approved the ratification of remuneration for cost auditors for the financial year ending March 31, 2027.

Sr. No.	Details of Resolution	Type of Resolution
1	Adopt Audited Standalone Financial Statements for FY26	Ordinary Resolution
2	Adopt Audited Consolidated Financial Statements for FY26	Ordinary Resolution
3	Confirm interim dividend for FY26	Ordinary Resolution
4	Re-appoint Mr. Navin Agarwal (DIN: 00006303)	Ordinary Resolution
5	Appoint M/s M S K A & Associates LLP as Statutory Auditors	Ordinary Resolution
6	Ratify remuneration of Cost Auditors for FY27	Ordinary Resolution
7	Appoint Dr. Aruna Sharma (DIN: 06515361) as Independent Director	Special Resolution
8	Re-appoint Mr. Arun Misra (DIN: 01835605) as CEO and Whole-time Director	Special Resolution

Strategic Outlook: Critical Minerals and Capacity Expansion

Addressing the shareholders, Chairperson Ms. Priya Agarwal Hebbar highlighted the company's performance and strategic direction. She reported that Hindustan Zinc delivered its highest-ever mined metal production of more than 1.1 million tonnes and its second-highest refined metal production of approximately 1.05 million tonnes. Silver production continues to grow as a significant business pillar.

The Chairperson detailed the 'Hindustan Zinc 2.0' strategy, aimed at transforming the company into a future-ready energy transition company. This involves expanding into critical minerals such as tungsten, potash, and rare earth elements. The company intends to double its production capacity through disciplined, phased investments while extending mine life beyond 25 years through sustained exploration efforts.

Operational Excellence and Sustainability

Ms. Hebbar emphasized the company's focus on technology and sustainability. Hindustan Zinc is accelerating digital transformation through automation and AI-enabled systems to improve safety and productivity. The company also highlighted its large-scale tailings reprocessing project, which converts legacy waste into valuable resources.

On the social front, the company noted that women represent 26 percent of its workforce, with a near-term goal of reaching 35 percent. Through its Nand Ghar initiative, the company reaches over 4,000 villages, impacting approximately 2.6 million people.