Close Menu
    Gulf Outlook: See the Gulf beyond the headlines.Gulf Outlook: See the Gulf beyond the headlines.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    • Home
    • Contact Us
    Gulf Outlook: See the Gulf beyond the headlines.Gulf Outlook: See the Gulf beyond the headlines.
    • Home
    • Contact Us
    Home»PR Newswire»Hindustan Zinc Reports Record Q1 Net Profit of US$ 578 Million, Up 145% YoY; Highest-Ever EBITDA Driven by Strong Production and Lowest Cost of Production
    PR Newswire

    Hindustan Zinc Reports Record Q1 Net Profit of US$ 578 Million, Up 145% YoY; Highest-Ever EBITDA Driven by Strong Production and Lowest Cost of Production

    July 24, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    UDAIPUR and MUMBAI, India, July 24, 2026 /PRNewswire/ — Hindustan Zinc Limited, the world’s largest integrated zinc producer and among the top 10 silver producers globally, commenced FY27 with its strongest-ever first-quarter performance. The company reported best-ever quarterly revenue from operations of US$ 1,453 million, up 77% YoY, highest-ever quarterly EBITDA of US$ 854 million, up 109% YoY, and record quarterly net profit of US$ 578 million, up 145% YoY. The robust financial performance was underpinned by its highest-ever first-quarter mined metal production of 268 KT and the lowest-ever quarterly zinc cost of production of US$ 851 per tonne, reflecting sustained operational excellence, disciplined cost management and industry-leading competitiveness.

    Hindustan Zinc delivered record profitability, strong cash generation and resilient margins, reinforcing its position among the world’s lowest-cost zinc producers while creating a strong platform for long-term growth.

    The Board has appointed Mr. Amarendu Prakash as Chief Executive Officer & Whole-time Director effective August 01, 2026. A distinguished leader with over three decades of experience in India’s steel sector, he previously served as Chairman & Managing Director of SAIL. Mr. Amit Gupta assumed the role of Chief Financial Officer effective June 01, 2026, bringing deep expertise in strategic finance and capital allocation.

    Commenting on the performance, Arun Misra, Chief Executive Officer, said: “We have started the year on a strong note with our highest-ever first-quarter mined metal production of 268 KT for the fifth consecutive year, reflecting the strength of our world-class assets and our relentless focus on operational excellence. Our debottlenecking initiatives continue to enhance refined metal production and reinforce our position as one of the world’s lowest-cost zinc producers. As demand for zinc continues to be driven by infrastructure and the energy transition, we remain committed to delivering responsible growth and long-term value for our stakeholders.”

    Note:
    Quarterly zinc cost of production is excluding royalty and is the lowest since underground transition
    USD-INR rate is 94.58 for the quarter

    About Hindustan Zinc

    Hindustan Zinc Limited is the world’s largest integrated zinc producer. The company has been recognized as the world’s most sustainable metals & mining company by the S&P Global CSA 2025 for the third consecutive year and the first Indian company to become an ICMM member.

     

    Cision View original content:https://www.prnewswire.co.uk/news-releases/hindustan-zinc-reports-record-q1-net-profit-of-us-578-million-up-145-yoy-highest-ever-ebitda-driven-by-strong-production-and-lowest-cost-of-production-302834148.html

    Related Posts

    Coinbase establishes its tokenization hub in Abu Dhabi, with Financial Services Permission from the Financial Services Regulatory Authority (FSRA)

    August 13, 2026

    ADFW 2026 Unveils First Wave of Top Speakers, Bringing the World’s Capital Community to Abu Dhabi

    August 13, 2026

    DoGo Power Wins EUPD Research’s 2026 Top Innovation Award in Europe

    August 13, 2026

    LG INSTAVIEW™ REFRIGERATOR SURPASSES 5.3 MILLION IN GLOBAL SALES

    August 13, 2026

    From Chinese AI to Global ETFs: STARTRADER Launches 45 New 24/7 Stock and ETF CFDs Spanning Seven Market Themes

    August 13, 2026

    Labuan IBFC Inc., ASAS and STEP Malaysia strengthen Islamic wealth planning practices

    August 13, 2026
    Latest News

    Gothenburg Gains New Direct Flights to Abu Dhabi Starting in December

    August 13, 2026

    Global Focus on Youth Inclusion Achievements for International Youth Day 2026

    August 13, 2026

    Court Approves Continued Litigation Against Meta and Others Over Social Media Use

    August 12, 2026

    UN emphasizes the necessity for enhanced protections to ensure children’s safety online

    August 12, 2026

    US and Europe Fuel Supplies Tighten, Driving Up Diesel Costs and Market Strain

    August 12, 2026

    Japan’s H3 Rocket Successfully Deploys Michibiki No. 7 into Designated Orbit

    August 12, 2026

    Gold Gains Extend for a Third Consecutive Day Ahead of US Inflation Data Release

    August 11, 2026

    Denmark’s Inflation Rate Declines to 1.7%, Core Rate Remains Steady

    August 11, 2026
    © 2026 Gulf Outlook | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.