Hindustan Zinc Q3 FY2026 Profit Surges; Shares Rally on Strong Results | Quick Digest
Hindustan Zinc reported record-high Q3 FY2026 net profit of ₹3,916 crore and revenue of ₹10,980 crore, leading to a significant rally in its share price by over 3% on January 19, 2026. The initial Mint headline claiming a share price dip is inaccurate.
Hindustan Zinc announced Q3 FY2026 results on January 19, 2026.
Company posted highest-ever net profit of ₹3,916 crore, up 46% YoY.
Revenue from operations reached a record ₹10,980 crore, increasing 27% YoY.
Share price gained over 3% on results day, contradicting original headline.
Positive performance driven by strong metal prices and operational efficiency.
Analysts, like HSBC, had upgraded the stock to 'Buy' even before results.
Hindustan Zinc, a major Indian zinc-lead-silver producer, declared robust financial results for the third quarter of Fiscal Year 2026 on January 19, 2026. The company reported its highest-ever consolidated net profit, which surged by 46.22% year-on-year to ₹3,916 crore. Concurrently, revenue from operations also reached an all-time high of ₹10,980 crore, marking a 27% increase compared to the previous year. This strong performance was largely attributed to favourable metal prices, particularly silver, and improved operational efficiency.
Contrary to the Mint article's headline suggesting a dip, Hindustan Zinc's share price reacted positively to the announcement. On January 19, 2026, the company's shares rallied significantly, gaining over 3% in intraday trading on both the NSE and BSE, with some reports indicating a surge of nearly 4%. This upward movement brought the stock close to its 52-week high, propelled further by a surge in silver prices and an upgrade from international brokerage HSBC. HSBC, in fact, upgraded Hindustan Zinc to a 'Buy' rating with a target price of ₹750 ahead of the Q3 earnings, factoring in improved metal price forecasts. Therefore, the claim of a share price dip and an 'opportunity for bottom fishing' immediately following the Q3 FY2026 results, as stated in the original Mint headline, is inaccurate and misleading based on real-time market reactions. The overall sentiment surrounding the company's performance post-results was overwhelmingly positive.
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