Hindustan Zinc's Q2 FY27 net profit more than doubled, soaring **142%** to ₹6,412 crore, with revenue up 77%. Despite these stellar results, Jefferies downgraded its , citing margin pressure and volume growth concerns.
₹6,412 crore
Net Profit (YoY)
Q2 FY26: ₹2,650 crore→₹6,412 crore
📊 One chart explains it
Hindustan Zinc Net Profit (₹ Crore)
Takeaway: Hindustan Zinc's net profit has shown a strong upward trend, culminating in a significant surge to ₹6,412 crore in Q2 FY27.
⏳ Time Machine
How today’s news fits into the bigger picture
FY2018
Record Production & Highest Dividend
Hindustan Zinc achieved its highest-ever mined metal production of 970,000 tonnes and declared a record dividend, reflecting strong operational performance and favorable .
April 2022
Zinc Prices Soar
Global zinc prices reached multi-year highs due to supply chain disruptions and strong industrial demand, significantly boosting HZL's revenue and profitability.
Q1 FY26
Profit Margins Under Pressure
Despite decent volumes, HZL faced margin pressure due to increased input costs and softening zinc prices, impacting its net profit during the quarter.
March 2026
Controversial Dividend Payout
The company announced a significant interim dividend, leading to concerns among some analysts about potential cash outflow and its impact on future capital expenditure.
Q2 FY27
Profit Up 142%
Hindustan Zinc reported a massive 142% year-on-year increase in net profit to ₹6,412 crore, driven by higher production and .
Today
Hindustan Zinc's Q2 net profit more than doubled, but an analyst cut its target price.
What happens next?
Investors will watch for HZL's guidance on future production volumes and cost management strategies.
Mining giant Hindustan Zinc announced stellar Q2 FY27 results, reporting a massive **142%** year-on-year surge in net profit to ₹6,412 crore, while revenue jumped 77% to ₹15,093 crore. The strong performance was attributed to higher production volumes and favorable commodity prices. However, shares saw a limited rise, and brokerage Jefferies surprisingly cut its target price, indicating concerns about sustained margin expansion and future volume growth despite the strong quarter.
💭 If you're wondering…
Zinc prices are primarily influenced by global industrial demand (especially construction and automotive sectors), supply from mines, and energy costs for smelting. Economic slowdowns or geopolitical events can cause significant price volatility.
Did this story help?
Official sources
Knowledge Chain — tap a concept