Hindustan Zinc has delivered its strongest-ever quarterly performance, reporting a record profit after taxes of ₹3,916 crore for the third quarter, representing a 46% year-on-year growth. The Vedanta arm announced these exceptional results on Monday, showcasing the highest-ever quarterly topline and bottom line growth backed by robust operational performance and strategic positioning in the silver market.

Record Financial Performance Drives Market Leadership

The company achieved its highest-ever quarterly revenue of ₹10,980 crore, marking a substantial 27% increase year-on-year from ₹8,614 crore in the corresponding quarter of the previous financial year. Sequential growth was equally impressive with revenue rising 28% quarter-on-quarter, demonstrating consistent momentum across reporting periods.

Industry-Leading Operational Excellence and Silver Wave

Hindustan Zinc demonstrated exceptional operational efficiency with its highest-ever third quarter mined metal production of 276 thousand tonnes, representing a 4% year-on-year increase and 7% quarter-on-quarter growth. Silver production emerged as a key growth driver, reaching 158 tonnes with a 10% quarter-on-quarter jump, contributing 44% to profits and positioning the company to capitalize on the silver wave.

Cost Leadership and Margin Expansion

The company achieved its lowest quarterly zinc cost of production in five years at $940 per tonne, improving 10% year-on-year and 5% quarter-on-quarter. This cost optimization drove the industry-leading EBITDA margin of 55%, expanding approximately 320 basis points quarter-on-quarter and 270 basis points year-on-year, demonstrating superior operational efficiency.

Strategic Capacity Enhancement and Diversification

Hindustan Zinc successfully completed debottlenecking at Chanderiya Smelter, increasing refined zinc capacity by 21 thousand tonnes per annum, adding to the earlier commissioned debottlenecking at Dariba Smelter. The company was declared the successful bidder for the Tungsten Block in Balepalyam, Andhra Pradesh, marking strategic diversification into critical metals.

Strong Financial Position and Credit Rating

As of December 31, 2025, the company maintained robust liquidity with gross investments and cash equivalents of ₹9,342 crore invested in high-quality debt instruments. Total borrowings stood at ₹9,013 crore, resulting in a net cash position of ₹329 crore, compared to a net debt position of ₹2,547 crore as of September 30, 2025. The company maintains a consistent investment-grade credit rating of AAA from CRISIL, demonstrating balance sheet strength and delivered superior shareholder wealth creation at 5X of Nifty 100 and 2.4X of Nifty Metal returns.

Hindustan Zinc Limited has officially announced that its board of directors will convene on January 19, 2026, to consider and approve the company's unaudited consolidated and standalone financial results for the third quarter and nine months ended December 31, 2025. Following the board meeting, the company will host an earnings conference call the same day to discuss its performance with stakeholders.

Board Meeting and Regulatory Compliance

The board meeting has been scheduled in accordance with Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this important corporate event.

Earnings Conference Call Details

Pursuant to Regulation 30 of SEBI regulations, Hindustan Zinc will conduct an earnings conference call on the same day at 16:00 hours IST. Senior management will discuss the company's results and performance during this call, providing insights to investors and analysts.

Trading Window Restrictions

In compliance with insider trading regulations, Hindustan Zinc has implemented a trading window closure for all designated persons. The trading window restrictions are designed to prevent insider trading during the period leading up to the results announcement.

Corporate Governance and Contact Information

The formal announcement was signed by Company Secretary and Compliance Officer Aashhima V Khanna, demonstrating the company's adherence to proper corporate governance standards. The results will also be available on the company's website at www.hzlindia.com . For investor relations queries, stakeholders can contact Director Raksha Jain, Head Corporate Communications Maitreyee Sankhla, or Deputy Manager Rahul Challa.

This scheduled board meeting and earnings call represent critical components of Hindustan Zinc's quarterly reporting cycle, ensuring transparency for stakeholders and providing comprehensive insights into the world's largest integrated zinc producer's operational and financial performance during the third quarter of FY26.