Archive · 20 Jan 2026
Hindustan Zinc Reports Record Q3 Profits
Hindustan Zinc, a company owned by Vedanta, had a very successful third quarter.
They made a lot of money, more than ever before, with a net profit of Rs 3,916 crore.
This is almost 46% more than the same time last year.
They also had a lot of sales, making Rs 10,627 crore, which is 27.80% more than last year.
Their stock price went up by almost 5% because of this good news.
The company's leader, Sandeep Modi, said they are doing well because they make silver, which is very valuable right now.
They are happy with their strong financial position and think they will keep making money for their investors.
However, the company is facing challenges in increasing production due to near-full utilization of its capacity.
They are working on expansion projects to boost production in the future.
Hindustan Zinc's Q3 net profit rose 46% year-on-year to a record Rs 3,916 crore.
Q3 revenue increased 27.80% year-on-year to a record Rs 10,627 crore.
EBITDA rose 35% year-on-year to Rs 5,701 crore in Q3.
Silver production increased 10% quarter-on-quarter, contributing 44% to profits.
Hindustan Zinc's stock price rose 3.74% to Rs 661.20, with a market cap of Rs 2.79 lakh crore.
- Who
- Hindustan Zinc Ltd (HZL), a subsidiary of Vedanta
- What
- Reported record high net profit and revenue for Q3
- When
- Third quarter of the current fiscal year (Q3FY26)
- Where
- India
- Why
- Due to higher silver and zinc prices, lower production costs, and increased volumes
Optimistic View
Cautious View
Future Growth Prospects
Optimistic View
Positive outlook due to lower production costs, high silver prices, and diversified revenue streams.
Cautious View
Near-term earnings growth may be capped due to production capacity constraints and reliance on metal price inflation.
- Net Profit (Q3)
- Rs 3,916 crore
- Revenue (Q3)
- Rs 10,627 crore
- EBITDA (Q3)
- Rs 5,701 crore
- Silver Production (Q3)
- 158 MT (up 10% QoQ)
- Stock Price (BSE)
- Rs 661.20 (up 3.74%)
- Market Capitalization
- Rs 2.79 lakh crore
- Year-on-Year Revenue Growth
- 27.80%
- Year-on-Year EBITDA Growth
- 35%
- Earnings Per Share (Q3)
- Rs 9.27
- Silver Segment Revenue (Q3)
- Rs 2,676 crore (up 82.5% YoY)
- Core Zinc, Lead, and Others Segment Revenue (Q3)
- Rs 7,932 crore (up 16.1% YoY)
- EBIT Margin (Q3)
- 47%
- Impact of New Labour Codes
- Rs 31 crore
- Refined Metal Production (Q3)
- 270 kt
- Average Silver Price (Q3)
- $54.7 per ounce
- Cost of Production (Q3)
- $940 per tonne
- Renewable Energy Share (Q3)
- 20%
Sources
Hindustan Zinc Q3 net profit, revenue reach record high; stock gains
Hindustan Zinc Q3 results: net profit jumps 46% to ₹3,916 crore on strong base metal prices
Hindustan Zinc Q3 FY26 Net Profit Jumps 46% YoY to Rs 3,916 Crore
Hindustan Zinc shares: Brokerage maintains 'Reduce' call after 'in line' Q3; here's why
JK Cement shares: Nuvama maintains 'Buy', trims target price
Hindustan Zinc share price: Should you buy, sell or hold the stock post Q3? Check targets
Forget the record profit: The ‘Silver Secret’ dividing brokerages on Hindustan Zinc’s next move