Hindustan Zinc has seen a big rise in its earnings. The company’s net sales, including other income, grew by 20.37% to Rs 9,087 crore. This was mainly due to higher prices for zinc, lead, and silver, as well as a stronger dollar. Sales from the Zinc, Lead, and Silver segment increased by 21.26%, making up almost all of the total sales (99.74%). However, sales from the Wind Energy segment remained almost unchanged, going up by just 0.26%.
The company’s profit before interest, tax, and other costs (PBIT) jumped by 40.20% to Rs 3,850 crore. The Zinc, Lead, and Silver segment saw a 40.33% rise in PBIT, while the Wind Energy segment’s PBIT dropped by 16.67%. The PBIT margin for Zinc, Lead, and Silver increased from 37.73% to 43.66%, while the Wind Energy segment’s margin decreased from 26.09% to 21.74%. Overall, the company’s PBIT margin improved from 37.69% to 43.61%.
The company’s operating profit margin also improved, rising from 48.34% to 53.04%, which led to a 32.09% rise in operating profit to Rs 4,820 crore. Employee costs decreased, and power and oil fuel costs also went down. Other expenses fell, but selling and administrative expenses remained almost the same. The company’s other income dropped by 16.85% to Rs 227 crore.
Hindustan Zinc’s Profit Before Interest, Depreciation, Tax, and Other Income (PBIDT) rose by 28.68% to Rs 5,047 crore. This was helped by higher prices for zinc and silver, increased lead production, lower input costs, and higher by-product sales. The company also achieved its lowest Zinc Cost of Production (COP) in 16 quarters, which stood at $994 per tonne.
The company’s profit before tax increased by 38.89% to Rs 3,782 crore. After accounting for taxes, the net profit attributable to the owners of the company increased by 47.35% to Rs 3,003 crore.
As of March 31, 2025, the company’s total fixed assets had grown to Rs 21,091 crore from Rs 19,667 crore the previous year. The company’s total borrowings as of March 31, 2025, stood at Rs 10,651 crore, with net debt reduced to Rs 1,169 crore compared to Rs 4,117 crore at the end of December 2024.
Hindustan Zinc achieved a major milestone, surpassing 13.1 million tonnes of metal reserves, which will support more than 25 years of mining at current rates.
The company’s CEO, Arun Misra, shared that they reached their highest-ever metal production, which was made possible by improved operations and a focus on technology and automation. They also emphasized their commitment to clean energy and the global energy transition. CFO Sandeep Modi highlighted the company’s strong financial performance, including the best-ever profit for the fourth quarter, and assured that the company was well-positioned to weather external challenges.
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Looking ahead, Hindustan Zinc expects to produce 1,125,000 tonnes of mined metal in FY26, 1,100,000 tonnes of refined metal, and between 700 and 410 tonnes of saleable silver. They also expect the Zinc Cost of Production (COP) to be around $1,025-1,050 per tonne for FY26. The company expects to spend between $225-250 million in capital expenditures during FY26.
In summary, Hindustan Zinc has had a very successful year with significant growth in both sales and profits. They are focused on innovation, sustainability, and maintaining their leadership in the global zinc market.
