Hindustan Zinc’s Q2 earnings glow on lower costs, higher metal prices

What happened: Hindustan Zinc reported strong Q2FY27 results, with revenue and Ebitda up sharply year on year on higher metal prices, lower production costs and improved volumes. Key numbers: Revenue rose 77% year on year to ₹15,100 crore. Ebitda grew 108% to ₹9,250 crore. Silver averaged $62.6 per oz, up nearly 60%. Zinc averaged $3,825 per tonne, up 35%. Zinc CoP fell 29% to $703 per tonne. Why it matters: Systematix raised FY27 and FY28 Ebitda estimates by 23% and 9%. Falling silver and zinc prices from recent peaks could limit Q3 upside, and the stock is down about 10% this year.

Hindustan Zinc reported strong Q2FY27 results, with revenue and Ebitda up sharply year on year on higher metal prices, lower production costs and improved volumes.

Systematix raised FY27 and FY28 Ebitda estimates by 23% and 9%. Falling silver and zinc prices from recent peaks could limit Q3 upside, and the stock is down about 10% this year.