Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Zettabyte and Raku Advanced Tech Sign MOU on Green AI Data Centers Across Asia

    September 11, 2026

    UAE’s €40 Billion Investment Strategy to Boost Germany’s Key Industries and Digital Infrastructure

    September 11, 2026

    UAE and Germany Enhance Economic and Diplomatic Ties in Berlin Market Focus

    September 11, 2026
    Facebook X (Twitter) Instagram
    Lusail Media: Qatar’s business, news and momentum.Lusail Media: Qatar’s business, news and momentum.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Lusail Media: Qatar’s business, news and momentum.Lusail Media: Qatar’s business, news and momentum.
    Home » 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 Twitter Pinterest LinkedIn Tumblr Email

    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

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Zettabyte and Raku Advanced Tech Sign MOU on Green AI Data Centers Across Asia

    September 11, 2026

    Gastech 2026: The Global Energy Industry Arrives in Bangkok as Asia Drives the Next Chapter of Energy Growth

    September 11, 2026

    Built for the Desert: SVOLT Energy Showcases Full-Scenario Energy Storage Solutions at Middle East Energy 2026

    September 11, 2026
    Latest News

    UAE’s €40 Billion Investment Strategy to Boost Germany’s Key Industries and Digital Infrastructure

    Business September 11, 2026

    UAE and Germany expand economic ties with a €40 billion cross-sector investment plan. A significant portion of the funding will be directed toward enhancing digital infrastructure across Germany. The joint declaration from both governments detailed plans to establish new data centres with an aggregate capacity of approximately 1 gigawatt. Germany pledged to facilitate the conditions necessary for their development. This initiative forms part of a broader set of economic agreements unveiled during the state visit. Both nations also committed to cooperation in technology, energy, trade, investment, and other sectors integral to their bilateral relationship. The trip also resulted in the signing of 29 business agreements and memoranda of understanding between UAE and German firms, with their combined value surpassing €9.356 billion, according to the joint declaration. Furthermore, the two governments agreed to set up a German-UAE Investment Council, serving as a platform to promote investment and collaboration between government agencies and private enterprises. Additionally, a Strategic Dialogue was initiated, focusing on economic, technological, security, energy, transport, environmental, cultural, and educational cooperation. UAE’s €40 Billion Investment Focuses on Industry and Digital Infrastructure Development This €40 billion pledge builds upon other substantial UAE investments in Germany. According to the joint declaration, XRG has invested around €15 billion in Covestro. The two countries also identified additional corporate investment and partnership plans involving Covestro, RWE, ADNOC, and Masdar. These initiatives are separate from the newly announced investment package but complement the overarching €40 billion

    UAE and Germany Enhance Economic and Diplomatic Ties in Berlin Market Focus

    September 11, 2026

    UAE-Germany Economic Relations Strengthened with €40 Billion Investment Drive

    September 11, 2026

    UAE-Germany Strategic Collaboration Strengthens Amid High-Level State Visit

    September 11, 2026

    Apple’s Latest Smartphone Innovation Targets High-End Market with iPhone 18 Pro and Siri AI Integration

    September 10, 2026

    Funding Gaps and Workforce Shortages Impede Ebola Response Efforts in DRC, WHO Reports

    September 10, 2026

    UAE President opens Germany state visit with Berlin talks

    September 10, 2026
    © 2026 Lusail Media | All Rights Reserved
    • Home
    • Contact Us

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