Hindustan Zinc reports record high mined, refined metal output in Q4

Hindustan Zinc, a subsidiary of Vedanta Ltd, reported its production numbers for the fourth quarter and full year ended March 31, 2026, with mined metal output at 315 kt in Q4, up 2% year-on-year and 14% quarter-on-quarter.

The company reported its best-ever quarterly and annual mined metal production, along with a record quarterly refined metal output of 282 kt.

Refined metal production for the quarter came in at 282 kt, rising 5% both on a yearly and sequential basis.

Within this, refined zinc output

stood at 227 kt, up 6% YoY and 3% QoQ, while refined lead production was at 55 kt, down 2% YoY but higher by 12% compared to the previous quarter.

Silver production was largely flat on a yearly basis at 176 tonnes, while rising 11% sequentially. In ounce terms, it stood at 5.7 million ounces versus 5.7 million ounces a year ago and 5.1 million ounces in the previous quarter.

Wind power generation declined 11% YoY to 56 million units during the quarter, but increased 11% on a sequential basis.

HZL is India's leading integrated producer of zinc, lead, and silver, operating mines, smelters, and power plants. It sells to industrial buyers across more than 40 countries, with zinc accounting for the majority of its revenue, followed by silver/byproducts and lead.

For the full year FY26, mined metal production stood at 1,114 kt, up 2% YoY, while refined metal output was at 1,048 kt, down 0.4% compared to FY25.

Refined zinc production for the year came in at 851 kt, rising 3% YoY. Refined lead output declined 13% YoY to 197 kt.

Silver production for FY26 stood at 627 tonnes, down 9% YoY. In ounce terms, it was at 20.2 million ounces compared to 22.1 million ounces in the previous year.

Wind power generation for the year increased 7% YoY to 372 million units.

Also read: Hindustan Zinc Q3 Result: Stock surges to day's high after strong operating performance