Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Dividend

Audit Opinion:

Clean/Unmodified opinion for both standalone and consolidated financial results

Key Financial Highlights [₹ in Crore]:

Consolidated Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹15,093 (vs ₹8,549 in Q2 FY26 - +76% YoY)
  • Total Income: ₹15,467 (vs ₹8,787 in Q2 FY26)
  • EBITDA: Not explicitly stated but calculable from components
  • Net Profit: ₹6,412 (vs ₹2,649 in Q2 FY26 - +142% YoY)
  • EPS: ₹15.18 basic and diluted (vs ₹6.27 in Q2 FY26)
  • Other Equity: ₹29,121 as at September 30, 2026 (vs ₹21,784 as at March 31, 2026)
  • Cash and Cash Equivalents: ₹2,339 as at September 30, 2026 (vs ₹22 as at March 31, 2026)
  • Debt: Total borrowings ₹6,171 (₹3,099 non-current + ₹3,072 current) as at September 30, 2026

Half Year ended September 30, 2026:

  • Revenue from Operations: ₹28,840 (vs ₹16,320 in H1 FY26)
  • Net Profit: ₹11,881 (vs ₹4,883 in H1 FY26)
  • EPS: ₹28.12 basic and diluted (vs ₹11.56 in H1 FY26)

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹14,961 (vs ₹8,525 in Q2 FY26)
  • Net Profit: ₹6,317 (vs ₹2,632 in Q2 FY26)
  • EPS: ₹14.95 basic and diluted (vs ₹6.23 in Q2 FY26)
  • Other Equity: ₹28,828 as at September 30, 2026 (vs ₹21,630 as at March 31, 2026)

Segment-wise Performance:

Zinc, Lead and Silver Segment:

  • Q2 FY26 Revenue: ₹14,525 (Zinc, Lead, others: ₹10,414; Silver: ₹4,111)
  • Q2 FY26 Segment Result: ₹8,329 (Zinc, Lead, others: ₹4,720; Silver: ₹3,609)
  • Driving growth across all sub-segments with silver showing particularly strong performance

Wind Energy Segment:

  • Q2 FY26 Revenue: ₹57
  • Q2 FY26 Segment Result: ₹36

Corporate Actions:

Dividend: Interim dividend of ₹11 per equity share declared on April 24, 2026, amounting to ₹1,648 crore, with record date of April 30, 2026 for Financial Year 2026-27.

Other Significant Information:

Exceptional Items:

  • Environment and Health Cess provision of ₹56 crore recognized in FY25 was reversed in previous year based on reassessment and legal opinion
  • Impact of New Labour Codes on Gratuity and Leave encashment of ₹31 crore disclosed as exceptional item in FY26

Subsidiaries:

The consolidated results include 5 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

Financial Ratios (Consolidated):

  • Operating Margin: 55% (Q2 FY26) vs 42% (Q2 FY25)
  • Net Profit Margin: 42% (Q2 FY26) vs 31% (Q2 FY25)
  • Debt-Equity Ratio: 0.21 (vs 0.78 in Q2 FY25)
  • Current Ratio: 2.73 (vs 1.21 in Q2 FY25)
  • Debt Service Coverage Ratio: 7.35 times
  • Interest Service Coverage Ratio: 82.48 times

Entities Included in Consolidation:

Holding Company: Hindustan Zinc Limited

Subsidiaries: 5 entities as listed above