Hindustan Zinc Expects Lower Zinc Costs After Record Quarterly Profit
Hindustan Zinc now sees zinc production costs at $825-850 per tonne for the year, as revenue and profit hit all-time highs in the September quarter.
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what happened
Hindustan Zinc, the world's largest integrated zinc producer, expects production costs for the fiscal year to come in below its earlier forecast. Chief financial officer Amit Gupta told ET the figure will be $825-850 per tonne, compared with the $975-1,000 guidance given in April. He credited by-product sales, whose prices rose amid geopolitical disruption. On the other side, high energy prices added about $50 per tonne to costs. According to Moody's, which reported the figures, revenue in the September quarter rose 77% to 15,093 crore, EBITDA reached 9,285 crore and net profit climbed 142% to 6,412 crore.
why it matters
Two points stand out for markets. Silver accounted for 45% of the company's profitability and its sales rose 141%, so metal prices feed directly into earnings. Costs could rise in the second half on higher sulfuric acid prices and input inflation, and because energy is a large cost item, margins remain sensitive to energy prices.
market impact
Zinc and silver: strong by-product income supports Hindustan Zinc margins, while energy costs remain a pressure point
tags
instruments
sources
- Hind Zinc Eyes Lower Production Costs after Record Q2 Profit, Sales — Moody's, 20 October 2026 at 04:12 UTC
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