Hindustan Zinc Names Amarendu Prakash CEO-Designate as Q1 Profit More Than Doubles

Hindustan Zinc’s quarterly earnings at record high

India’s mining and metals sector has bagged a big win with Hindustan Zinc Limited, a leading Vedanta Group company, announcing a spectacular set of financial results for the first quarter. The company recorded a consolidated net profit more than double on the back of a strong global commodity rally and rising demand, sending ripples of excitement through the market and cementing its position as a global leader in zinc and silver production.

Numbers don’t lie. Hindustan Zinc's net profit surged 145% year-on-year to ₹5,469 crore compared to ₹2,234 crore during the same period last year. Revenue from operations jumped 77% to ₹13,747 crore, buoyed by high base metal and silver prices, higher production volumes and positive currency dynamics. Besides this, the company posted its highest ever quarter EBITDA at ₹8,074 crore with an enviable margin of 59%. The company has managed to cut down production costs with smart operational efficiencies. To reward its shareholders, the board declared a hefty interim dividend of ₹11 per share on this milestone.

Heavyweight Leadership Joins the Team

In this sparkling backdrop of financial performance, Hindustan Zinc announced a major leadership change to lead the next growth chapter. The board has appointed Amarendu Prakash as the new chief executive officer effective August 1, 2026.

Amarendu Prakash is stepping into the role with an extraordinary pedigree, with more than 30 years of heavy industrial, manufacturing and corporate leadership experience. Before joining Hindustan Zinc, he was Chairman of the Steel Authority of India Limited (SAIL), where he led massive modernisation and output initiatives. His considerable experience in heavy industry is just what the company needs to lead it through its next level of growth and technological modernisation.

Energizing the Future of Global Infrastructure

As the world shifts towards renewable energy, electric vehicles and modern infrastructure, metals such as zinc and silver have become essential building blocks of the green transition globally. Hindustan Zinc under the new leadership of Amarendu Prakash is now gearing up to meet this growing demand in a sustainable manner.

The company is dedicated to creating long-term value for the country and the investors by constantly optimising the production cost and investing in state-of-the-art and environment-friendly mining technologies.