Hindustan Zinc Results Analysis-Q2FY2027

Financial performance and key operating metrics (Consolidated) : Operating Revenue for Q2FY27 is Rs. 15,093 Crs., 76.55% growth YoY, Total Income is Rs. 15,467 Crs., 76.02% growth YoY, EBITDA is Rs. 9,285 Crs., 107.86% growth YoY, EBITDA Margin is 61.52% improved by 927 Basis points YoY, PBT Rs. 8,572 Crs., 142.01% growth YoY, PAT Rs. 6,412 Crs. 142.05% growth YoY. On QoQ basis Op. Revenue is up by 9.79%, Total Income is up by 9.98%, EBITDA is up by 15%, PBT is up by 17.2% and PAT is also up by 17.24%. Increase in Revenue from operations: ₹15,093 cr (+76.55% YoY), driven by: higher metal production, supportive commodity prices, better by-product realizations, “less concentrate sale”, stronger USD Mined metal production 271 KT, +5% YoY (“highest level second quarter output”). Refined metal production 264 KT, +7% YoY. Saleable silver production, 173 MT +20% YoY (Silver continued to contribute 45% to the overall profitability) FY27 total capex outlook reiterated: ₹5,000 cr, with expectation to spend more in Q3/Q4 as expansion ramps.