Hindustan Zinc Posts 46% Profit Jump on Strong Metal Prices

India’s Hindustan Zinc reported a 46.2% rise in third-quarter profit, driven by record-high silver prices and stronger zinc prices amid robust demand. The company’s consolidated net profit for the quarter ended December 31 rose to 39.16 billion rupees ($430.6 million), up from 26.78 billion rupees a year earlier.

Spot silver prices surged 52.6% in the final quarter of 2025, fueled by investment inflows and supply constraints, while London zinc prices rose 5.3%. Hindustan Zinc, a unit of Vedanta and the world’s third-largest silver producer, saw its shares climb 3.6% following the results, with HSBC upgrading its ratings citing earnings upside from higher base metal prices.

Revenue from operations increased 27.5% to 109.80 billion rupees, supported by a 4% rise in mined and refined metal production, the highest ever for the October-December quarter. Hindustan Zinc controls roughly three-fourths of India’s zinc market and remains a key player in silver production, meeting growing domestic demand for the precious metal as an investment alternative to gold.

Pic courtesy: google/ images are subject to copyright