Are Hindustan Zinc Ltd latest results good or bad?

Hindustan Zinc Ltd's latest financial results for the quarter ended December 2025 showcase significant operational strength and record performance metrics. The company achieved net sales of ₹10,980 crores, reflecting a substantial quarter-on-quarter growth of 28.44% compared to ₹8,549 crores in the previous quarter. This growth was driven by both volume expansion and favorable metal price realizations in the global market.
The net profit for the same quarter reached ₹3,916 crores, marking a notable increase of 47.83% from ₹2,649 crores in the prior quarter. This impressive profit growth was accompanied by a PAT margin expansion to 36.85%, up from 31.99% in the previous quarter, indicating strong operational leverage as revenue growth translated into higher profitability.

Additionally, the operating profit (PBDIT excluding other income) climbed to ₹6,054 crores, representing a 36.21% increase quarter-on-quarter. The operating margin also improved to 56.97%, the highest in the last eight quarters, reflecting the company's effective cost management and pricing power.

Following these results, the company saw an adjustment in its evaluation, indicating a recognition of its strong financial performance. The operational metrics, including a return on capital employed (ROCE) of 82.40% and return on equity (ROE) of 77.13%, further underscore Hindustan Zinc's position as one of the most efficiently managed enterprises in the sector.

In summary, Hindustan Zinc's latest results highlight a robust financial performance characterized by record revenues, significant profit growth, and strong operational metrics, positioning the company favorably within the non-ferrous metals industry.