Quarterly results for Hindustan Zinc Ltd

Hindustan Zinc Limited (HZL) – Q1 FY26 Results Summary
Announcement Date: July 18, 2025

Financial Highlights (Consolidated):
- Revenue from operations: ₹7,591 crore, down 14% QoQ (₹8,829 crore in Q4 FY25) and down 4% YoY (₹7,893 crore in Q1 FY25)
- Total operating income: ₹7,771 crore
- Net profit: ₹2,234 crore, down 26% QoQ (₹3,003 crore) and flat YoY (₹2,345 crore)
- Operating margin: 38% (42% in Q4 FY25)
- Net profit margin: 29%
- EPS (Basic & Diluted): ₹5.29 (₹7.11 in Q4 FY25)

Segment Performance:
- Zinc, Lead & Silver segment accounted for ~99% of revenue at ₹7,542 crore, with segment profit at ₹2,967 crore
- Wind energy segment revenue increased QoQ to ₹49 crore with segment profit of ₹29 crore

Balance Sheet and Capital:
- Capital employed declined to ₹11,345 crore from ₹13,326 crore in Q4 FY25
- Debt-equity ratio increased to 1.19 from 0.80 QoQ, reflecting higher leverage
- Interest expense at ₹240 crore, depreciation at ₹913 crore

Corporate Developments:
- Interim dividend declared at ₹10 per share, totaling ₹4,225 crore (record date June 17, 2025)
- ₹49 crore invested in Q1 FY26 towards a 25-year renewable power sourcing agreement (530 MW) with Serentica Renewables India Pvt Ltd

Management Commentary:
- Management dismissed post-quarter short seller allegations as baseless, confirming no adjustments required to financials
- No changes in accounting policies or material adjustments reported

Auditor’s Opinion:
- Limited review by S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion on both consolidated and standalone results

Outlook:
- No specific guidance provided in the announcement

This summary encapsulates HZL’s Q1 FY26 financial and operational performance, key corporate actions, and management commentary for investment analysis.

Note: This is an AI generated summary of the results. There may be inaccuracies in the summary. Please refer to the original document before making investment decisions.