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Hindustan Zinc Reports Record 3QFY26 Results with Revenue of ₹10,980 Cr, PAT at ₹3,916 Cr
Hindustan Zinc Limited
January 19, 2026, 09:55 AM
Hindustan Zinc reported record 3QFY26 results with revenue at ₹10,980 crore, up 27% YoY, and PAT at ₹3,916 crore, up 46% YoY. EBITDA reached ₹6,087 crore. The company achieved its best-ever 3Q mined metal production (276 kt) and record 3Q refined metal production (270 kt). Zinc cost of production was at a 5-year low of $940/MT.
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Hindustan Zinc Limited announced its unaudited consolidated and standalone financial results for the third quarter and nine months ended December 31, 2025. The company reported a record revenue of ₹10,980 crore for 3QFY26, marking a significant increase of 28% quarter-on-quarter and 27% year-on-year. EBITDA also reached a historic high of ₹6,087 crore, up 36% QoQ and 34% YoY, with an industry-leading EBITDA margin of 55%. Profit After Tax (PAT) surged by 48% QoQ and 46% YoY to ₹3,916 crore, making it the highest ever quarterly PAT. For the nine months ended December 31, 2025 (9MFY26), the company achieved record revenue of ₹27,300 crore, up 9% YoY, and record EBITDA of ₹14,415 crore, up 14% YoY. PAT for the nine months stood at ₹8,799 crore, a 20% increase YoY. The company also highlighted its best-ever 3Q mined metal production at 276 kt and record 3Q refined metal production at 270 kt. Zinc cost of production (excluding royalty) was at a 5-year low of $940/MT for the quarter. Silver production increased by 10% QoQ to 158 MT, contributing significantly to profitability.
The company continues to focus on growth projects, including debottlenecking at Dariba and Chanderiya, a hot acid leaching plant, and a 510 Ktpa fertilizer plant. Expansion projects for refined metal capacity at Debari and mined metal capacity across mines are underway with a target completion of 2QFY29. Hindustan Zinc also aims for 2x growth by expanding capacities, strengthening cost leadership, building a diversified product portfolio, and progressing towards sustainability goals, including a 70% renewable energy share by 2030.
Hindustan Zinc has maintained its position as the No.1 company in the metals & mining sector in the S&P Global Corporate Sustainability Assessment for the third consecutive year. The company is committed to achieving near-zero waste, reducing emissions by 50% (Scope 1 and 2) by 2030, and halving freshwater consumption. An investor presentation detailing these results and future outlook was also released.
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