Hindustan Zinc’s board is scheduled to meet on June 11 to consider its first interim dividend for the financial year 2025-26.
Record date for the said dividend has been fixed as June 17, 2025.
The last instance of Hindustan Zinc paying dividend to its shareholders dates back to August 2024, when it had announced an interim dividend of ₹19 per share.
Hindustan Zinc reported its March quarter results on April 25, which were higher on a year-on-year basis, as well as when compared to estimates from a CNBC-TV18 poll.
The company reported revenue of ₹9,087 crore, which was higher than the CNBC-TV18 poll of ₹8,853 crore. On a year-on-year basis, the numbers were up 20%.
Net profit for the company grew by 47% from the same quarter last year to ₹3,003 crore, which is well above the CNBC-TV18 poll of ₹2,615 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) at the end of the March quarter stood at ₹4,820 crore for Hindustan Zinc, a growth of 32% from the year-ago quarter. A CNBC-TV18 poll had projected the figure to be ₹4,503 crore.
EBITDA margin for the quarter expanded by nearly 500 basis points to 53% from 48.3% last year. A CNBC-TV18 poll had projected a figure of 50.9%.
As per the March quarter shareholding pattern, Hindustan Zinc’s promoter Vedanta had a 63.42% stake in the company.
As per the stake that Vedanta held in Hindustan Zinc at the end of the March quarter, it had received a total payout of ₹5,091 crore from Hindustan Zinc last year.
Hindustan Zinc is not a stock that carries a large free float in the market. Apart from Vedanta’s 63.42% stake, another 27.92% stake is held by the Government of India.
As much as 7 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, had a 2.48% stake in Hindustan Zinc at the end of the March quarter.
Shares of Hindustan Zinc settled 1.63% higher on Tuesday at ₹533.70. The stock has risen 23% in the last one month.
