The Vedanta arm reported Q4 revenue of Rs 13,544 crore, up 49% from Rs 9,087 crore posted in the corresponding quarter of the previous financial year.
The company declared its first interim dividend of Rs 11 per equity share for FY27, with the payout amounting to Rs 4,648 crore. The record date for the dividend has been fixed as Thursday, April 30, the company said in a filing.
Hindustan Zinc’s shares recovered from the day’s low of Rs 572.80 (down 3.25%) after the announcement of Q4 earnings and were trading at Rs 584.65 on the NSE around 2:40 pm, down 1.26% from Thursday’s close.
The world’s largest integrated zinc producer posted a 61% YoY growth in its Q4 earnings before interest, taxes, depreciation and amortisation (EBITDA) at Rs 7,747 crore, driven by best-ever mined metal production of 315 kt and record refined metal production of 282 kt.
The company said it achieved its lowest-ever cost of production at $903 per tonne, an improvement of 9% YoY. It produced 176 tonnes of silver, recording an 11% QoQ growth.
Management take
Commenting on the company’s earnings, Chief Financial Officer Sandeep Modi said Hindustan Zinc delivered a record quarter and full-year financial performance, driven by an all-time high quarterly EBITDA.
“Further, we have marked a historic full-year net profit of Rs 13,832 crore, up 34% YoY, backed by disciplined capital allocation and strong free cash flow, reinforcing our balance sheet strength as we enter the next phase of growth, HZL 2.0. With continued strength in cost leadership and industry-leading margins, underpinned by disciplined execution, we are well positioned to translate growth opportunities into sustained value creation,” Modi said.
