The board of Hindustan Zinc is set to convene on June 11 to deliberate on its first interim dividend for the financial year 2025-26.
The record date for this dividend has been established as June 17, 2025.
The last time Hindustan Zinc distributed a dividend to its shareholders was in August 2024, when it declared an interim dividend of ₹19 per share.
Hindustan Zinc released its March quarter results on April 25, showing improvements both year-on-year and compared to expectations from a CNBC-TV18 poll.
The company reported revenues of ₹9,087 crore, surpassing the CNBC-TV18 poll estimate of ₹8,853 crore, reflecting a 20% increase year-on-year.
Net profit for the company soared by 47% over the same quarter last year, reaching ₹3,003 crore, significantly above the CNBC-TV18 poll estimate of ₹2,615 crore.
Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for the March quarter amounted to ₹4,820 crore, a 32% rise from the previous year. A CNBC-TV18 poll had forecasted the figure at ₹4,503 crore.
For the quarter, the EBITDA margin rose by nearly 500 basis points to 53% from 48.3% last year. The projected margin from the CNBC-TV18 poll was 50.9%.
According to the shareholding pattern for the March quarter, Vedanta holds a 63.42% stake in Hindustan Zinc.
Given Vedanta’s stake in Hindustan Zinc at the end of the March quarter, the total payout received last year amounted to ₹5,091 crore.
Hindustan Zinc does not have a high free float in the market. In addition to Vedanta’s 63.42% stake, the Government of India holds another 27.92% of the company’s shares.
Approximately 700,000 retail shareholders, or those with an authorized share capital of up to ₹2 lakh, owned a 2.48% stake in Hindustan Zinc at the end of the March quarter.
On Tuesday, shares of Hindustan Zinc closed 1.63% higher at ₹533.70, marking a 23% increase over the past month.
