Hindustan Zinc Q2 Net Profit Doubles as Zinc Costs Drop 29%
Hindustan Zinc's Q2 FY27 net profit rose 142% to Rs 6,412 crore and revenue climbed 76.5%, according to Moody's.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
According to Moody's, Hindustan Zinc's consolidated net profit in the second quarter of FY27 rose 142% year on year to Rs 6,412 crore, up from Rs 2,649 crore a year earlier. Revenue grew 76.5% to Rs 15,093 crore, helped by higher zinc and silver prices, bigger output and lower production costs.
Net profit margin widened to 42% from 31%. Zinc prices surged on supply disruptions and expectations of a global deficit, while silver also supported profitability. Mined metal output rose 5% to 271,000 tonnes and refined output rose 7% to 264,000 tonnes. Zinc production costs excluding royalty fell 29% to $703 per tonne.
why it matters
The results show how heavily the company's profits depend on global zinc and silver prices. If price momentum fades, revenue and margins could come under pressure, so keeping costs low and output high will be the key test for investors.
market impact
Metals: high zinc and silver prices support Hindustan Zinc's margins
tags
instruments
sources
- Hindustan Zinc Q2 Profit Doubles As Zinc Costs Fall 29% — Moody's, 20 October 2026 at 03:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗