Detailed Summary

Key Quantitative Figures - Consolidated (H1 FY27 vs H1 FY26)

  • Total Revenue from Operations: ₹28,840 Crore (vs ₹16,320 Crore) - 77% increase
  • Profit Before Tax (PBT): ₹15,886 Crore (vs ₹6,527 Crore) - 143% increase
  • Net Profit: ₹11,881 Crore (vs ₹4,883 Crore) - 143% increase
  • Earnings Per Share (Basic): ₹28.12 (vs ₹11.56)
  • Total Comprehensive Income: ₹11,986 Crore (vs ₹4,597 Crore)
  • Paid-up Equity Share Capital: ₹845 Crore (unchanged)
  • Reserves: ₹22,742 Crore (Audited Balance Sheet reference)

Key Quantitative Figures - Consolidated (Q2 FY27 vs Q2 FY26)

  • Total Revenue from Operations: ₹15,093 Crore (vs ₹8,549 Crore) - 76% increase
  • Profit Before Tax (PBT): ₹8,572 Crore (vs ₹3,542 Crore) - 142% increase
  • Net Profit: ₹6,412 Crore (vs ₹2,649 Crore) - 142% increase
  • Earnings Per Share (Basic): ₹15.18 (vs ₹6.27)
  • Total Comprehensive Income: ₹6,380 Crore (vs ₹2,352 Crore)

Key Quantitative Figures - Standalone (H1 FY27 vs H1 FY26)

  • Total Revenue from Operations: ₹28,648 Crore (vs ₹16,248 Crore) - 76% increase
  • Profit Before Tax (PBT): ₹15,718 Crore (vs ₹6,471 Crore) - 143% increase
  • Net Profit: ₹11,742 Crore (vs ₹4,836 Crore) - 143% increase
  • Earnings Per Share (Basic): ₹27.79 (vs ₹11.45)
  • Total Comprehensive Income: ₹11,847 Crore (vs ₹4,550 Crore)

Key Quantitative Figures - Standalone (Q2 FY27 vs Q2 FY26)

  • Total Revenue from Operations: ₹14,961 Crore (vs ₹8,525 Crore) - 75% increase
  • Profit Before Tax (PBT): ₹8,459 Crore (vs ₹3,523 Crore) - 140% increase
  • Net Profit: ₹6,317 Crore (vs ₹2,632 Crore) - 140% increase
  • Earnings Per Share (Basic): ₹14.95 (vs ₹6.23)
  • Total Comprehensive Income: ₹6,285 Crore (vs ₹2,335 Crore)

Segment Performance (Consolidated, Q2 FY27)

  • Zinc, Lead & Silver Revenue: ₹14,525 Crore
  • Zinc & Lead: ₹10,414 Crore
  • Silver: ₹4,111 Crore
  • Zinc, Lead & Silver Segment Result: ₹8,329 Crore
  • Zinc & Lead: ₹4,720 Crore
  • Silver: ₹3,609 Crore
  • Wind Energy Revenue: ₹57 Crore
  • Wind Energy Segment Result: ₹36 Crore

Balance Sheet Highlights (Consolidated, as of 30.09.2026)

  • Total Assets: ₹47,470 Crore (vs ₹42,370 Crore as of 31.03.2026)
  • Non-Current Assets: ₹26,933 Crore
  • Current Assets: ₹20,537 Crore
  • Investments: ₹14,791 Crore
  • Inventories: ₹2,076 Crore
  • Cash & Cash Equivalents: ₹128 Crore
  • Other Bank Balances: ₹2,339 Crore
  • Total Equity: ₹29,966 Crore (vs ₹22,629 Crore)
  • Non-Current Liabilities: ₹6,902 Crore
  • Current Liabilities: ₹10,602 Crore
  • Borrowings: ₹3,072 Crore

Cash Flow Highlights (Consolidated, H1 FY27)

  • Net Cash from Operating Activities: ₹13,287 Crore
  • Net Cash Used in Investing Activities: ₹6,364 Crore
  • Purchase of Property, Plant & Equipment: ₹3,152 Crore
  • Purchase of Current Investments: ₹17,750 Crore
  • Proceeds from Sale of Current Investments: ₹16,184 Crore
  • Net Cash Used in Financing Activities: ₹7,092 Crore
  • Repayment of Long-term Borrowings: ₹2,083 Crore
  • Dividend Paid: ₹4,648 Crore

Key Ratios (Consolidated, Q2 FY27)

  • Operating Margin: 55%
  • Net Profit Margin: 42%
  • Debt-Service Coverage Ratio: 7.35 times
  • Interest Service Coverage Ratio: 82.48 times
  • Debt-Equity Ratio: 0.21 times
  • Current Ratio: 2.73 times

Dividend Declaration

The Board of Directors of Hindustan Zinc Limited declared an interim dividend of ₹11 per equity share for the financial year 2026-27, amounting to a total payout of ₹4,648 Crore. The record date for the dividend was set for April 30, 2026.

Auditor Review

Statutory auditors MSKA & Associates LLP conducted a limited review of both the consolidated and standalone financial results and issued an unmodified review opinion. The review report noted that they did not review the interim financial results of 4 subsidiaries, whose financial statements reflect total assets of ₹56.26 Crores and total revenues of ₹76.38 Crores for H1 FY27.

Subsidiaries Included in Consolidation

The consolidated results include the following subsidiaries:

1. Hindustan Zinc Alloys Private Limited

2. Vedanta Zinc Football & Sports Foundation

3. Zinc India Foundation

4. Hindustan Zinc Fertilisers Private Limited

5. Hindmetal Exploration Services Private Limited

Exceptional Items

An exceptional item of ₹25 Crore was noted for the year ended March 31, 2026, related to Environment and Health Cess.

Websites for Additional Information

The results are available on the websites of BSE Limited (www.bseindia.com), National Stock Exchange of India Limited (www.nseindia.com), and Hindustan Zinc Limited (www.hzlindia.com).