Interim report
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Sensitivity: Public (C4) HZL/2026-27/SECY/96 October 19, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Plot No., C/l, G Block Dalal Street, Fort Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Kind Attn: General Manager – Department of Corporate Services Kind Attn: Head Listing & Corporate Communication Scrip Code: 500188 Trading Symbol: HINDZINC Dear Sir/Ma’am, Sub: Outcome of the Board meeting Pursuant to Regulation 30, 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of Hindustan Zinc Limited ( the “Company”), at its meeting held today i.e. Monday, October 19, 2026, has, inter alia, considered and approved the Unaudited Consolidated & Standalone Financial Results of the Company for the second quarter and half year ended September 30, 2026. In this regard, please find enclosed herewith the following: 1. Unaudited Consolidated and Standalone Financial Results of the Company for the second quarter and half year ended September 30, 2026 (“Financial Results”); 2. Limited Review Report on the Financial Results issued by M/s MSKA & Associates LLP, Chartered Accountants, Statutory Auditors of the Company. The Limited Review R eport of the Auditors is with unmodified opinion with respect to the Financial Results. The above shall also be made available on the website of the Company at https://www.hzlindia.com/ The meeting of the Board of Directors of the Company commenced at 12:00 Noon and concluded at 03:20 p.m. IST. We request you to kindly take the above information on record. Thanking You. Yours faithfully, For Hindustan Zinc Limited Aashhima V Khanna Company Secretary & Compliance Officer Enclosed: As above ~ vedanta ~- transforming for good \I/ ·····»»» ~ '---- ~ & """"-------- ~ SAFE 111111111 SMARr ~ SusrA1NABLE : .. HINDUSTAN ZINC Zinc & Silver of India Hindustan Zinc Limited, Registered Office: Yashad Bhawan, Udaipur-313 004, Rajasthan, INDIA. T. +91 294-6604000-02 www.hzlindia .com hzl.secretarial@vedanta .co.in CIN: L27204RJ1966PLC001208
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MSKA & Associates LLP (Formerly known as MS K A & Associates) Chartered Accountants Magnum Global Park Unit No-2101-2115A & B, Floor 21 Sector-SB, Arch View Drive Gurugram 122011, INDIA Independent Auditor's Review Report on the quarterly and year to date unaudited Consolidated financial results of Hindustan Zinc Limited pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Hindustan Zinc Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Hindustan Zinc Limited (hereinafter referred to as 'the Holding Company') which includes its subsidiaries, [the Holding Company and its subsidiaries together referred to as the 'Group'] for the quarter ended September 30, 2026 and the year to-date results for the period from April 1, 2026 to September 30, 2026 ('the Statement'), attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India (Listihg Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Regulations'). 2. This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013 ('the Act'). read with relevant rules issued thereunder ('Ind AS 34') and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board· of India under Regulation 33 (8) of the Regulations, to the extent applicable. Registered Office: 602, Raheja Titanium, Western Express Hi~hway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 ] LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Hyderabad I Koch! I Kolkata I Mumbai I Pune www mska m
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MS KA & Associates LLP (Formerly known as MS KA & Associates) Chartered Accountants 4. This Statement includes the results of the Holding Company and the following subsidiaries Sr. No Name of the Entity Relationship with the Holding Company 1 Hindustan Zinc Alloys Private Limited Subsidiary 2 Vedanta Zinc Football & Sports Foundation Subsidiary 3 Zinc India Foundation Subsidiary 4 Hindustan Zinc Fertilisers Private Limited Subsidiary 5 Hindmetal Exploration Services Private Limited i Subsidiary 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review the interim financial results and other financial information of 4 subsidiaries included in the Statement, whose interim financial statements reflects total assets of Rs. 56.26 Crores as at September 30, 2026 and total revenues of Rs. 76.38 Crores and Rs. 47.76 Crores, net profit after tax aggregating Rs. 5.01 Crores and Rs. 3.43 Crores of 2 subsidiaries and net loss after tax aggregating Rs. 0.04 Crore and Rs. 0.02 Crore of 2 subsidiaries and total comprehensive income aggregating Rs. 5.01 Crores and Rs. 3.43 Crores of 2 subsidiaries and total comprehensive loss aggregating Rs. 0.04 Crore and Rs. 0.02 Crore of 2 subsidiaries, for the quarter ended September 30, 2026 and for the period from April 1, 2026 to September 30, 2026, respectively, and net cash outflow aggregating Rs. 0. 93 Crore of 2 subsidiaries and net cash inflow aggregating Rs. 0.04 Crore of 2 subsidiaries for the period from April 1, 2026 to September 30, 2026 as considered in the Statement. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the report of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of the above matter with respect to our reliance on the work done by and report of the other auditors. Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigam I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Ko chi I Kolkata I Mumbai I Pune www mska. in
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MSKA Et Associates LLP (Formerly known as M S K A & Associates) Chartered Accountants 7. The consolidated financial results of the Group for the Quarter/half year ended September 30, 2025 and year ended March 31, 2026 were reviewed and audited respectively by another auditor whose reports dated October 17, 2025 and April 24, 2026 expressed unmodified conclusion/opinion on those results. For MS KA & Associates LLP (Formerly known as MS KA & Associates) Chartered Accountants ICAI Firm Registration No.105047W /W101187 ~SP~ ~ ~ Sarkar Partner Membership No.: 055596 UDIN: 26055596XPCSVF3883 Place: Gurugram Date: October 19, 2026 Registered Office: 602, Raheja Titanium, Western Express Higl1way, Goregaon (East), Mumbai-400063, Maharashtra, India Tel; •91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandfgarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Mumbai I Pune www.mska m
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tfve<t~ . . - HINDUSTAN ZINC UMITED • Regd Office: Vashad Bhawanr Udaipur - 313004 PBX No. 0294-6604000, CIN - L27204RJ1966PLCOOl 208. www.hzJinaio.com STATEMENT OF UNAUDITED CONSOUDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER, 2026 "In Crore exce ot as stated l PARTICULARS Qw rter ended Half Ye,;jlr ended Vrar ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Un•udited Unauditecl Unaudited Unaudited Unaudited AYditoo - ---Revenue from a petatlon, a. Revenue 14,S82 13,033 8,282 27,61S 15,873 39, 192 b. other oper.ati"g reverme 511 714 267 1,.225 447 1,6$2 1 Total Revenue from operations (a+b) lS,093 13,747 8,549 28,840 16, 320 40.844 2 Other Income 374 316 238 690 517 1,090 Total Income (1+2) 15,467 14,063 8,787 29,530 16,a.11 41,934 3 Expenses a. Changes in inventories of finished goods & WIP 246 (56) [40) 190 (S2) (195) b, Emptoyee bemrlit ex pen s.i! 221 204 1 llS 425 380 771 c~ Depr~iatKm and amort;i§atiQn 962 920 8S2 1,882 1,795 3,790 d. Power ;rnd fuel 734 699 646 1,433 l,278 21 553 e, Mining royalty 1,553 1,536 1,007 3,089 1,916 4,949 f. Fl11ance costs 88 132 259 220 499 881 g. other e)(penses 3,091 3,314 2,303 6,405 4,494 10, 703 Total expenses 6,895 6,749 5,245 13,644 10,310 23, 451 4 Profit before tax and exceptJoftill ltemo 8,572 7,314 3,542 15,886 6,527 18, 48) 5 EJcceptional Items ( refef note 4) - . . 2 S 6 Profit Before Tax 8,572 i,314 3,542 15,886 6,S'7 JR,50B 7 Tax Expense current tax 2,163 1,877 896 4,040 1,6'17 4,599 Deferred la< (3) (32) (3) (35J (3) 77 Net Tax Exp•n.e 2,160 1,845 893 4,UUS 1,644 4,67 6 8 Net Profit 6,412 5,469 2,649 ll,881 4,88:J JJ,832 9 Otl>er CGmprehensive Income/I Loss) (i) (o) Items thl>t wift not t>e =lossified to prolil or loss . 3 - 3 11 (b) Income lax relating to above (5) (1) (6) ( J) ( 1) (11) (a) Items that win be reclasslffec! to pront or loss (32) 181 (399) 149 (389) (319) (b) Income ta, relating to above 6 (44) 100 (38) 101 80 Total other eo,,,prehen•iY• '".......,/fl.ossl (32) 137 (297) 105 (286) (229) 10 Tot.at Comprehensive lnr.orne for the perfod /year 6,380 5,606 2,352 11,9811 4,597 13,60 3 11 Pil!d up Equity Share Capital ( face value f 2 each) 845 84S 845 845 845 845 12 Reserves as shown In the Audited Balance Sheet 22,742 21,784 13 Eamlngs Per Share In f (off 2 each) (not annualised e.a,pt ror y""'r endeo l'!arch): a. Bask: 15.18 11.~ 6.27 28,12 l!.56 32.7◄ b. DIiuted 15.18 12.~ 6,27 28.12 11.56 - RZi..
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CONSOLIDATED BALANCE SH.EET AS AT SEPTEMBER 30, 2026 - fin Crore PARTICULII.RS A,; at 3 ......... ~--- As at 31.03.2026 unaudited Audited - - A, ASSETS 1. Non current assets a) Pro pertv, plant and eq ulpment 19,671 19,846 b) Capital work in proqrcss 4,396 3,409 cl lntanqlble asset,; i) E>:ploration intangible aasets under development 134 48 ii} Other intan,oibte assets 36 43 d) Investments in lo Int venture - eJ Financial assets I) Investments 1,121 1,114 Ii) L..aans 1 I iil) Other fin; ncial a !i s.ets: 70 71 fl Income tax asset, 135 135 Q) Other non current assets 1369 1103 Sub-total - Non current asseb 26 933 25 770 2. QI rrent asseu a) Inventories 2,076 2,054 bl Financial assets I) Jnvestrnents 14,791 l),]54 ii) Trade receivables 397 399 Ill) Cash a'ld cash "'l~ivalents 128 297 iv) Bank balances other than (111) above 2,339 22 v) Leans 1 I vi) Other financial assets 39 64 d l Other cu1Tent assets 766 4n<1 Sub-total - CUl'N!llt alSets 20 537 16 600 Total - Asset~ 47 470 ~2 370 B, EQUITY AND UA8IUTIE5 1. equity a) EQulty <hare capllal 845 845 b) Other equity 29,121 21,711-4 Sub•tot• I • equ lty 211,1166 22 629 2. Non cu,...,nt liab Jlitle-s al financial liablllties O Borrow lnQs 3,099 4,614 11) Lease i..iabiltle< 304 792 iii) Other financial llabllltie'S 54 129 b) Provis tons 212 200 c) Deferred tax liabilities (net) 2,290 2,265 d) Other non current llablliijes 943 967 Sub-total - NOii current lli1bllltie11 6 902 8 ~67 3, current llab!lltres al Financial liabilities I) BonowinQs 3,072 3,638 i I) Lease Liabilities 180 184 Ill) Operational buyers' C..edil/ supplie<s' credit - 105 Iv) Trade pi,ya,bles A} Tota\ outstanding dues cf micro er1terprl-ses and smaD enterprises 360 389 B) Tami outstanding due, or creditors ether 2,317 2,684 than mlCro enterpnses and small enterprises vl Other financial liabilitie"5 2,201 2,817 bl other current Ila bi I= 1,371 1,039 c) Provis rons 6 32 dl Current ll!x liabilities (net) 1 089 38~ Sub--1 • Cu.,..,nt llabilltie• 10 60l 11 274 Tntal - faultv and UaLm••-- 47 470 42 370
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CONSOLIDATED CASH FLOW STATEMENT FOR THE HALF VEAR ENDED SEPTEMBER 30, 2026 , in er-ore Half Yenr e:nded PARTJCULARS 30.09.2026 30.09.20J5 Una·- ... :•-.... unau dited (A) CASH FLOW FROM OPERATING ACTIVJTl£S: f'Cet profit before ta.)( 15,886 5,527 Adjustments to reconcile profit to net cash nows from ope t.atlng :a cti "ities:: Depreciation and amortlzatlor, exp(!nse 1,882 l, l95 Finance costs 220 499 I!lterest Income (477) ( 398) foreign Exchange (galn)/loss, (net) (33) 12 Amortlzatlon ofdefenetl revenue arising from government grant (89) (93 ) Net lo5s on Investments me.a sured at FVTPL 13 I Net loss on sale/lmp~lrment of property, plant and equipment 27 7 Net (gain J on sale of financial asset investments 18 7' 116) Operatrng profit bl!fOn!!i: working capitel chetl~t:• 17,342 B,334 Working capital chang"" (Increase)/Decrease in Inventories (22) ( 366 ) (lncreaseJ/DecreaSe In Trode n:ceivahles z (58) (lncrea,e)/Decreese in other o<SPI< Ccurre11t) {315) ( 608 ) (lncrease)/De<:rea<e in Diller assets (non current) (22) (16 ) (Decrease)/lncrease In Tr~• payables (396) 40 (Oecrease)/lncrease In Supplier finance arrangement (105) 336 Increase/(Decrease) In Other liabilities (current) 125 -----1Z!Ql. ca 1h Inflows from operaUons 16,60'> 6,95? Ince me taxes paid (net of refund) 13 3221 11 3721 Net cash I nfluw• from oper-allna activities 13,287 5,580 (B) CASH FLOW FROM INVESTING ACTIVITIES: Purchases of property, plant and equipment (including intangibles, CWIP and C,,plt~I Advances, capital (3,152) (2.~97 ) creditors) Interest r«elved 628 372 Deposits made durtng the period (2,276) (360) Deposits mawred during the period 0 3Sl Purchase of non current Investments - (49) Purchase of current inv~tments (17,750) (8, 915) Proceeds from sale cf current lnves!meflts 16,184 10,286 Proceeds from sole of property, plant and equipment 2 7 Net ca■h flow• 1,1-=-d far inVesti:ng: adi'V'ilies (6,:J64) (775) (C) CA5H FLOW FROM FINANCJNG ACTIVITlES: Interest end other finance charges pak:I (245) ( 516} Proceeds from short term borrowing~ - 497 Repa-,,ment cf short terrn bo rTt1wings - (JSJJ ?roc:ee:fs from long tet111 borrowings - 1.765 Repayment of long tenm borrowings {2,083) (1,667 ) Principal payment of lease liabilities (96) (87) Interest payment of lease llabllttles (20) ( 22) Dividend paid 14648 1 14 22S1 Net cash n.,.... used for financing actlvltieo 17,092) (4,810) Na (decrease) In ush and ash equivalents (169) ( 5) CBsh and cash equivalents at lhe beglnnlng oflhe period 297 9" C.sh ■ nd Rioh equivalents at the end of the o .. r1oc1 128 Q1
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SEGMENT WISE CONSOLIDATED REVENUE, RESULTS AND CAPITAL EMPLOYED fin Crore PARTICULARS Quarter ended Half Vear ended Ve,,r ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Vnaudited Unaudited Unaudited Unaudited Audited 1 Segment Revenue a) Zinc, Lead and Silver ( i} Zinc., Lead, others 10,414 9,146 6,528 19,§60 12,644 ]9,216 Ciil Silver 4111 3 839 1 707 7 950 J 133 - --· _9JB4l Total 14,525 12,985 B.235 27,Sl.O 15,777 l9,D5 7 b) Wind Energy 57 46 47 105 ~6 135 -- B,282 27,615 15,873 -39,192 Revenue 14,582 13,033 Other ODPratir10 lnoome 511 714 267 1225 447 1652 Total Operating Ina.me 15 093 13 747 B 549 28.840 !.6,120 40 844 2 Segment Result a) 2inc1 Lead and Silver Ci) Zinc, Lead I others 4,720 3,846 2,13B 8,566 3,873 10,127 11111 Sliver --- 3 60g 3 37.7 iA64 6 936 26% 8 317 Total 8,329 7,173 3,602 15,502 6,569 18,SO~ bl wrnd Energy 36 27 .1!l.... 63 57 61 - ·-- -Profit l:>efOre intere5t, e,ccept/onal Items, and tax 8,365 7,200 3,630 15,565 6,626 Ul,565 Les~; Fi nanc.e co st 88 132 259 220 ··499 "'"""ao1. A<ld : Excepbonal items (for Zinc. l..e<ld and Silver) . - 2, Add: Other unallocable Income net of unallocable 2'5 246 171 541 400 199 e,c,.__dltUl"P Profit IM!fore Tax 8,572 7,31◄ 3,542 15,886 6,527 18,S08 Deprec[oiltJon a 11mort:iNtion Expense a) Zlnc, Lea<! and Sihler 955 913 675 1,868 1,/Hl 3,762 b) Wind Energy 7 7 7 14 _.!i.. ~ -Total 962 920 BBZ 1,882 l,795 3.790 -· - ---seoment Asoeu a) Zinc, Lead and Sill/er 28,475 28,576 26,120 28,475 26,120 26,963 b) Wind Enen,y 439 398 410 439 410 407 c) Unallocated :18 556 14 01<> 'l 065 18 556 9 065 J.:;.W9. 47 470 42 993 35 59S 47 470 35 59S 1i, 370 Segment Llabllltles a) Zinc, Lead and Sliver 1,799 8,436 8,294 1,799 8,294 8,765 b) Wind Energy 17 15 19 17 1~ 12 c) l/nallocated 9 688 10 955 13 585 9 688 13 585 1095-1 17 504 19 406 n s911 l7 504 n 8911 19 741 t:,,pital EmPIDYed 29 966 23 587 13 697 291166 13,697 22,6l9 Noti=: At! matertcll expen~~ are pertainir1g to .. Zinc, Lead and Silver" .
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NOTES: 1) The above consolidated results of Hindustan Zinc Umlted ("'the Company") and~• subsidiaries ( "the Group") for the quart..- and half year ended September JO, 2026 have been reviewed by Audit & Risk Management Committee and approved Dy the Soa,d of Oirecto,.s in its meeting tield an October l'J~ 2026 and have been subjected to limited review by the statutory auditors of the Company. 2) Additional disclosures as per R"9ulation 52(4) or Securities and Exchange Board of lndi3 (Ustlng Obligations and Disclosure Requirements) Regulations, 2015: -S,N PARTICULARS n. arter ~-""'ert Half Year ended Year en__. _ __. 0 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 3_!E3.2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Os,ierating margin (%) I Earning. before Interest operations and Tax( EBIT)/Revenue from 55% s21'1a 42% 54% 40% 45% - Net Prollt margin {'Vo} 2 Net Profit after lax (PAT) before ex~tional items (net ol 42'1!o 40% tax)/Revenue from operattOns 31% 41% 3U% 34% Debt Servrce Coverage Ratin (In times) (riot annualized) Earning before Interest. Ta)(, Depreclatio~ & Amortisiittion 3 (EBITDA) aod exceptional items/Interest e,pense on long 7,35 7.44 3.08 7.39 l-54 4.96 term and short te.-m borrowing du ring th€ pe,lod + Scheduled ~nr1ctpa1 repayment of long term borrowing during tt, e perlo<I - -~ Interest Service Cove,~ge RaUo (In limes) (not annualized) 4 Eamlng before lnberest. Tax, Depreciation & Amortisation (~B!TDA) and e><CEptional items/Interest expense on long term and short term borrowing during the period 82,48 53.02 17.BO 65.54 17.0S 26.23 -- ,.,, __ _ --Bad debts to Account receivable ratio ( % ) s (not annuall~ed) - - -ll.!d Debts wntttm off/Average Trode Receivable 6 Debtor Turnover ratio (In times) ( not an nualfzed) 31.:lS 28.40 44.99 72.46 111. 78 \~8. '11 Rl!Venue from operations/Average T:rade Re<Ce.vabte - Inventory Tum over' ratlb { in times) (nal: """u~ll~ed) 7 Reveri1Je from CJperations • Earning befor~ !nte:rest Tilx, 2.1>7 2.62 1.63 5.56 3.86 \M6 D epreciotion & Arno r&atkm ( EBITDA) c111d e:xc::~ptianal items/ Average Inventory Dobt•Equlty R.aUo (In times) 8 Debt/Net worth [Debt Is long le,m borrowing (current & 0.21 0-31 non current portion) and Short Term Borrowing) 0.78 0.21 0.78 0.36 cu"ent Ratio {In times) 9 Current Assets/Current Uabillties e.><cluding current maturities or k>ng term borrowing 2,73 2.03 1.21 2,73 l.21 2.17 Clltrent Liability Ratio [In tlmH) 10 Current U..blllties (excluding cum,ot ttrm borrowing)/Total Liabilities rnatJJrities of long 0.43 0.43 0.43 0.43 0.43 0.39 11 Total Debts to Total Assets (In time,;) Leng tem1 borrowing (Cu<rent &. non current portion) + Short T@rm Bomowlng / Total Asset:$ 0.13 o.n 0.30 0.13 0.30 0.19 12 Long Term Debt to Working capital (in time•) Long term borro,ilng (current & non current portion) / (Current Assets - Current Llabllltles excluding current 0.47 O.S6 4,30 0.47 4.30 0.92 maturities of long term borro"' ing) 13 Net Worth {f In~) 29,966 23,SB7 13,691 29,966 13,697 22,629 <t-
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3) 4) I h~ (>1,,,:11<i Qf OtfeCto,.5 o1 tfi;C'_ Company on April '-41 '.026 hav~ declared dn I11t~111)! d1vrde1,d of Jo l 1/· pe,1 E"qu1~Y sriare amountm(J to =- 4,fi/48 Crcire .,..,,._th t h~ rOCO(d <1;,tl::' a1 A.p11i JO, :'0:16 for thP. F1nanc1ol Year 202'1<27. Exceptional It~ms: Environment and Health Ccss - l)u1u1~ Ltl-.:! ,-·c.ilr cl"ld~ct Mc1rcr-i 31, 2025, the, Group had re.:ogn1:z~d a 111avis1on of oJ:j6 Cro,e or. acco~111t of E-nv1r01'1mer"lt ~ind fl ~a!tn Cl-::S.£. (!: t I c.~s~) dmJ U1~i;.l,c;,~(:d t11e ~.!ITH: .r..~ c:l<ccpt1u11c1I 1tl!1TI. Dl.l1m9 the previous f1nar1c1~I yea,. man~gement t1.?1d re.:,5sr.:sscd the pro<11~1011 i;lllU ha.se-d or: \ts r~.-t5s\:'ssment , s uppmted tw ~,. 11\0iWt~n<1,ii,1 k1~.,1 opirnor1, the p,ovrs1on was not re<:p.ii!'ed ~nd accord1n9fy the sa1t1e Wt)::0 1,avc1s11r1 Impact on Gratuity and lea,v-e encashment - Con5equcnt to Uw, 11lttoductIon of New Lobour Cad~s, th~ Group l1.;-.1d 'l)~s~::;;~,:i,d tho 111uertl1~ntrJI 1111p,ict of ll~c-sc changes m ni..:rn1C3a1K€ w1Hl lh~ C}uldr.inr\~ pt<lVICJ(:d hv lr.e M11115t ry of L 1Jbo10 ~ Employment and accounted for ~uct1 11Upil(.t In ar:crm1nnu:- with lh.e C)t11dc11·,rti prnvIdr:-d by the [n~t1\ute of f.hdr ttrt!d AC<.Qvntan1s 01 htC'ha. Con51d-P.r1n~ th~f tha ,mpact was non- recurring 1n nature and w~s (1nv,~11 by the r~g1lliilory ,,h,t:111q~:;;., lhe 1,u:1ementa1 impact 01 >.Jl C:rcrc was. d1~<.IO~f)tl r1'.") ".t-:--<c·t>p11011,1I 1t~ms'" m the Consol1(1ated !;t~tf'!mentof profit im~ lo~s ro1 th~ yec:1I -=:nt1~11 M,1r.:t1 .ll, ~'026. Tl1e Group conl11,or.~ Lo monItt11 rclL--Vdfll Cenlrc,1/Stctte. 1ul~:;; kn .,:1r1y f1..11Lhr:1 obl1gahon~. a) During the p.-ev1ous fmt1nc1cil yeairt a snort sE'flf.:1 ,~ad r,ulil1!-hc:,<11 eport~ ctllt91nv Ltlr tau1 m.1ttP.r~ agamst some oj the v~Jttnta Group entrue-s mtfudIr\(l 111n<1lr,t,-.n ~1ru. UmIted. Ba§'t'd on ltfi a,ssessment 1 management of the Group ('.011!1r\u'.:!S to bel,e:ve that these o:'!ilt.ei)atN"'ln~ are base I~~~ d11"..I tlidl the t, (l1l:J,c11...t1<U\S M.:i!<!'d 1n tli~ aflt:'qat,or1 hcNc apµr-oun«Le <.:<immerc1at sutistance ol'\d that tJle 5tiI,(1 trtm--;,ictiLln:i tlave been duly approved thr-nugh ncccss,::;11y proc~~~es a11.d tt1e G, o,up ,,c,mw11s ..-orn1;11;u,t v,11111 contrac::tuol obh-qa\ions and apphcabk! laws and re-Jula11or,s1 i-ll1<1 bris1s managemcn~•s assessment whrch •s suµoorte...~ hy l~,'ll opIn1tJn, na ad1u,.lmt:-nt•; w1=11 r? 1()q111rr.'1 1n cnn.i:;ol1datOO fmd11e1al ,esult~ of lhc Group. Jnformat1011 SQtJghl, •nl'."ll1Ch1\'J .iilinng thn current q.uarteri by re9ulat-0rr.,/,111thf"I• 111.-., hmP h""!'<!ll d1Jly t)r(Jv1,j1~(1 by Jh("I C11r:i1ip Dunnig the! prev1eus quarter, basedoo detail.ad in\'e$l1yc1t1ur11n re-1:,pecl 0Fvariousalle(lclt1ons•~etvL~l by SE.Bl 1or.ludmy lho~e report.e:1 bv lhr- \,f.011 •.,t'llr:1, c;i 111 li'-1,l commu111cateci tts observat1ans 01'1 certoi1n nor.-c:omplldr1(€;, w1tl~ ,cspcct to related pa,t."y t•i:'ln'S~Cllons. Jhese ob~P.,vclhOn'S pi;:irta1ncd to dpprnvrl(s nm.I (bJtlu::i u 1t: aspects and did riot .-esult in any financial penally, r4;1'~lI1r.11on, 01 sanction or1 tn~ C;i:tQUP, !11 d<:i..urdanut: ....-•lll '5f Hi'!. li111~ct1on-s, c:OJrect•ve mf'Mln {':;, hi11.•f' b(;r,-11 I ,;.kn un,;.1 prese,ited IO the Audit & RFsk Management Ccrnmittee- anCI- the r.imud of Directors. rhe Conj1n1th-..•{,11~i1d thf' Pinard have r~Vl~t:lU L11c.:::-,~ m,~,;:i~ure~ ..:ind e11.p• e;.::,~J sat1sfact1on with the actions: taken ta address SErWs 0~1"Jen.•ttt1ons.No tmdmgs have becin c.ornmun,ccJt€d by ,My ~tne, r,equl<ttm/3uthorIty till dnte- b) The E11Forcement Directorate (~l:D"') c<lnducted a ~CM1<.h ,md !;E"1zure op~r.1l1~11 und~i the .l-01e1~n b:Ch,i11"1ge, Ml'Jn,i91::rnent kl, 1999, ,.H t11e prcrn 1-;::c-~ nf d111ihJ•,t.in Linc Limited frorr1 June t, 2026, to June 3, )01G. D'-lnng the course ,of tt1e p,O(.C'c:dmg!., th~ fD sou')hl 1nforma11on, records .;J.nd (loc:ulllitnt~ of the Gmup. I ti~ i i.-Ou(.i extended full t.:o~pe,~t.on to the ED off1c1;o.ls and p-rovi-ded-the 111ro(mi't,on and dor.ument~tI011 1ol19tH bv them. The Group has t\Ot rer(!1ve-rt t1nv further com111w1I(d!•nn fmm fl) tn this regard. o.;.te~ Ocbtbe:r 19, ~026 Place: Delhi Amarendu Ps-ahash CIEO .lnd Whole~timc director DIN: D8896653
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MSKA & Associates LLP (Formerly known as MS KA & Associates) Chartered Accountants Magnum Global Park Unit No-2101-2115A 6: B, Floor 21 Sector-58, Arch View Drive Gurugram 122011, INDIA Independent Auditor's Review Report on the quarterly and year to date unaudited Standalone financial results of Hindustan Zinc Limited pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Hindustan Zinc Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Hindustan Zinc Limited (hereinafter referred to as 'the Company') for the quarter ended September 30, 2026 and the year to-date results for the period from April 1, 2026 to September 30, 2026 ('the Statement') attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('the Regulations'). 2. This Statement, which is the responsibility of Company's Management and has been approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013('the Act'), read with relevant rules issued thereunder ('Ind AS 34'), and other recognised accounting principles generally accepted in India, and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, ''Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. Registered Office: 602, Rcheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063 , Maharashtrc1, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Hyderabad I Kochi I Kolkata I Mumbai I Pune www mska. in
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MSKA & Associates LLP (Formerly known as MS KA &. Associates) Chartered Accountants 5. The standalone financial results of the Company for the quarter/ha lf year ended September 30, 2025 and year ended March 31, 2026 were reviewed and audited respectively by another auditor whose reports dated October 17, 2025 and April 24, 2026 expressed unmodified conclusion/opinion on those results. Our conclusion is not modified in respect of this matter. For MS KA & Associates LLP (Formerly known as MSKA & Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 ~ ~~~ ~ Sarkar Partner Membership No.: 055596 UDIN: 26055596RMWJHO7310 Place: Gurugram Date: October 19, 2026 Registered Office: 601., Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: •91 22 6974 01.00 I LLPIN: ACT-3789 Ahmedat>ad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Mumbai I Pu11e www.mska.in
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j~-~ HINDUSTAN ZINC LlMITED • Re~ orflce; Ya shad Bhawan_ UdaPpur - .313004 PBX No. 0294-6604000, CIN • L27204Rl1966PLC001208, www.hzlindia.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR. U,IDU> 30 SEPTEMBER., 2026 c, In croTe , eJCceot as 1ototed l PARTICULARS Qua rte, ended H.aH ye;;1r ended Yec1rended 30.09.2026 30.06.2026 30.09.2025 30.09,2026 30.09 .2025 31.03. 20i 6 unauOl'te<I unaudited unaudited Unaudited u11aud1tecJ Audited Revenue from ape-rations a. Revenue 14,451 12,973 8,259 27,424 15,803 39,0 D9 b. Other operating revenue 510 714 206 1,224 4 45 1,64 9 1 Tolal Revenue from operations (a+b) 14,961 13,687 a,s2s 28,648 16,248 40,658 2 Other income 373 315 237 HB 519 1,093 Tot.al rncome (1-+2) 1S,J34 14,002 8,762 29,336 16,7&7 4 1,75 1 3 Expense• a. Changes 1n inventories of f1ni:lihed goods & WIP 242 (50) (3B) 192 (47) ll 97) b. EmQ!oyee benefit expense 219 202 184 421 374 761 i::. Oeprei:1.aticn and amortisation. 960 918 B81 l,!1178 l,'792 31 J a9 d. Pow~.- and fuel 734 699 &47 1,433 1_278 2,553 e. Mining r<:1yailtv 1,553 1,536 L,007 3,089 1_916 4,94B f. Fll"la11ce costs 88 132 259 2W 498 880 g. Other e)! pe"se s 3,079 3,306 2,299 15,385 4,4B5 10,680 Total expenses 6,875 6,7H 5,239 13,518 10, 29 6 23r4 14 4 Pra fit before tax and 4!1XC:eptlonal l~n, 8,"59 7,259 J,523 1~,718 6,4?1 18, 3 37 5 E'xce:ptional it.em (refer note -4) . 2!, 6 P,oflt Before Tax 8,459 7,259 3,523 15,718 6,47 1 18, )62 7 T•xf:,ipen•e Cummt tax 2,143 l,857 893 4,011) l,637 4,57 3 Deferred tax (1) (33) (2) (34) (2) n Net Tax E~pense 2,142 1,834 89l 3,976 l,635 4,650 8 Net Profit 6,317 5,~25 2,632 11,742 4,836 13, 717. 9 om"' COm1>rehen,1ve 1ncome/C LH■ I {i) (a} lrems ttun WJII not be recl8SSlfled to profit or ross - 3 - 3 11 (b) Income tax rel~ting to above (6) (1) (6) ( 1) (1) (lil (al Items that will be reclaS$ified to orofrt 01 loss (32} 181 (399 ) 149 (3891 1319 ) {b) Income tax relating to above 5 {44) 100 (30) 101 BO T-1 ou,.,.. ComDNhtlllllve fLH•l/1""°"'" 1321 137 (297 ) 105 {2861 (229 ) 10 Total Comprellenslwe lnccme lorthe penod/y...,r 6,285 5,562 2,335 U,847 4,550 13,4 83 JI Paid up Equity Share Capital (fec:e value , z eaeh) 1145 845 845 845 845 845 12 Reserves as shown in the Audited 8.al21nc:e Sheet 21,630 13 Earnings Per Share in Rs. (of , 2 each) (not annualised except fo, yea, ended March): "· &as.ic 14,95 12.84 6.23 27.79 11.45 32.45 b. [}tluted 14.95 12.84 6.23 27.79 11.45 32.45
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STANDALONE BALANCE 5HHT AS AT SEPTEMBER JO, 2026 t In Cron, PA Rll CU LARS Asat As at ">n na "lln -..,; ~I"' ,n,, Unaudited ~ud,ted A.ASSETS 1. Non 1:urrent i115'.sets ,ri) Prooertv. Dlant and eouiom~nt 19,538 19,708 b) Caoital work in orocress 4,361 3,382 c) l~tanqlble assets i) Exploration intanCJible asset under- tfevel0prne11t: 146 51 iD Otl'l111!r intanaible assets 37 43 dl Fmandal assets n 1n..,estrne11ts 1r.122 1,1 15 ii~ leans l l I iil Other financial assl!ts 70 71 el Mcome ta-x assets 135 135 n Other non current as,sets 1ua I ,~ , Sub--tatil I - Non cu rrc nt i155el5 z.a.,"" 2 i:; GOQ 2. Cuml!nt assets al Jnventorie5 2,068 2,05 1 bl Flnanc1a1 assets il rnve~nts 14,566 13,325 ii) Tradil receivabfes 443 399 iii) Cash and cas:h eouivalents 116 292 r,l Bank balances other than Cllil above 2,339 n v\ Loans 1 I vi) Other- fin-anctal assets 39 68 c) Other current assets- ...... 4ns Sub-tota I - Cum,nt osse<s 20 336 16 564 Total - Asoets 47115 ~2 173 B. EQUITY AND LIABlLIUES 1. Eauitv al foultv share caoltol 845 845 b) Other equity 28,828 21,630 Sult-total - EQuitv 29673 22 475 l!. Non current liabilities ol financial liobillbes ,l Borrowinas 3,099 4.614 Ill Lease Llabllltles 3D4 292 iii) Oth~r finanoa, liat>ilitie~ $4 1?9 b1 PrO'lo'lslons 212 200 c) DEl<!"""d tax ll~blll~es /not\ 2,291 2.266 d) Other ncn current liabilities 9~2 QS~ Su b--total - Non current I fabilitiea ._ •a• R 457 3. Cumont Uabllltles a) Financial liabi=lities i 1 Borrcwim~s 3,0 7.! 3,638 11 l Lease Uabll Illes 179 18 2 Ill) Operational buyers' Credit/ su Pflllers' ae d~ - 105 fv) Trc!de oava-bles A) Toca I outstl'lncllnq dues of micro enterprtses and sma11 ernerpnses 347 382 8) Total 0utst1?111chnQ dues of creditors ether than mlc:ro e:nterp.-ises and small enterpri'!ies 2,337 2,69] vl Other financial llabilitles 2,190 2,600 bl □t:tter curre:Plt liabilitiRs. 1,335 1,023 d Previsions 6 32 dl C<Jrrent ta• liobiliUes ,~etl 1084 386 SUb--lolal - Cu,n,nt llabllllles 10550 11 24 1 r_, _ .,.._,••- ,....,.,. ... ...,111~- 47115 42 173
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(Al (II) STANDALONE CASH FLOW liT A'TEMENT FOIi THE HAL, YE4'1 ENDED SEPTEM~R 30, 2026 PA RT ICULAR$ ROM OPERATING l<CT[VITIES: CASH FLOW~ Net profit befor Adju•tme11ts from operatJ e tax to re<onciht pmnt to 11et cash now -"9 activltie.s: Oe.preciatior, finance costs Interest mco Foreign Exch A mortLratlon Net 105s on i Net loss on sa Net (gain) o and amortfziltiO,.. expen se me ange lo,s (net) or dt-ferred f'l!'lienue art,ing from government 9rant nv~stments measured at fVT PL lefmpa lrment <ii l)roll'!rty, l)lant and equipment n sale 0f flnan~ia1 as.set investmen ts Operattn11 pro Work In~ ca pit.a (Increase)/ (Increase)/ De<: (lncre: asl!)/ (lnause)/0 (Decreo se)/I (Decrease)/ Incrl!llse/( De fit before working capital chan,ges I ch1n1et1 De.cr1ese In Jnventories rease In Tra(le r,eceiv1ble.s Deere.st In other assets (Curren t) ecreast I" other assets (Non current} n c~ase tn Trade pa yabJas increase In SYPIJlier fina nce arrangement crease) In Other liabil,~•• (Current) fra rn operatlOM C:.h Inflows ,~come taxes Netosh lnno po,id (net of refund) W5 from operating actlvi d • ROM INlltSTING ACTJVIYIES, CASHFWWF Purd>ases of pro (including intan creditcr.<l perty, pjant ancl equipm~nt gibfes, CWJP and Capttal Adva nces~ c.,p tal during the per1od I nt:ettst received Deposits made DePOSits matured I nter·col'lXl rate lnte r-corpcirate: during the periOd loans given loan, repaid Purchase of non Pun:hese of cum,n Procelds from sa ProcelldS fr<>m -cathu- current Investments t Investments le of curre nt Investme nts sale or propetty, pront ana •Quipment ror hw .. ling ilctlvlti• ROl'I FINANCING ACTIVITIES: CASHFLOWF lnlllr est and oth Proceeds rrom R.eJW,mMt of s Proooeds from Repayment Df I Principal pavme Interest pay me OMden<f peid - cah uaed l'ltt decre..se In cash and cash C:uh and """h er finance charges pard short """' t,o,row;ngs hort tem, b<>trOWings •orig term t,orrowin gs ong term t:,orrowi n gs nt of lease liabilities nt of lease liabil lti es for rtnanclng activl~n cash anct cash equivalents oqulvelents et the be11innln9 of the period equlv•l•nts at the ~nd lff •~e penod , in Crore Half 'l'eilr- ended ,o.oo.,n,~ -:in n.a "ln'l~ un• .. n'td """'"ited 15,711 6,471 1,878 1,792 220 498 (477) (401) (33) 12 (89) (93) 15 1 21 7 1851 -'.ill 17,174 8,Z71 (17) (360) («) {76) (31.2) (611) [23) (16) 1391) 37 (105) 336 104 (ZW 16,386 6,867 -- (3 lff) (1,lg! 13,0!J0 5,SOS (3,156) (2,500) 628 37b (2,276) {360) ~ 381 - 0 . 63 . (49) {17,363) (8,812 ) 15,990 10,195 2 _J_ (6,175) (699) (HS) (517) - 497 - (35)) - 1,765 (2,083) (1,867) (95) {87) I 2(1) (22) ( 4 ...... 1 (4 2251 (7,o91) (4,809) (176) (J) 292 94 116 91
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NOTES: 1) The above results or Hindus~an Zinc umtted ("the company") fot the quarter cind haif year ended Septembe r :m, 2026 hav.! been rev~wed by Audit & Risk Management Committee aod approved by ttle Board of Olrec<ors in ltti meetin~ held an October 19~ 20.26 and have beeri subjected to limitect revjew by the statutory auditors of thie Comri~n,y. 2) Additional dlsdosu,.es as per RegulGtion 52(4} of Ser::urities and E~diange Board of Jndia (Listing Obt19a.lrons and Disclosure Requirements} R:egul~tions, 2015: S.No PARTICULARS :lu.-rter cnQed Half Year l:'nded , ___ --•-• 30.09.2026 J0.06.2026 10.09.202~ 30.09.2026 30.09.2015 31.03.20 ?6 Unaudited Unaudited Una udited unaudited Unaudit ed Audited OperaH119 margin ('!lo) l Earning b,fOr~ Interest ano Tax(EBIT)/Revenue from 55% 52% 42% 53% 40% 45% operations Net Pn:tfit milrgin (%) 2 Net l>roflt after tax (PAT} beror@ exceptio'1al items (net of 42% 40% 31% 41% 30% 34"/m tax)/Rev.anue from ope.-ations Dabt 5<>nlice ~overoge R•tlo (in times) - >- -- (not annuallced) Earning before Interest., Tax, Depreciation & A mortisatlori 3 {E:SITOA) ~nd e><cepuona! itemS{rntEr€st expense on lo.n,g 7.2ti 7.39 3.06 7.32 3.51 4.W term and sllort terrn borro..._ing during the period ½ Sdieduled principal repayment of loog terrn borro\<¥ing d url ng the peried lnterest service Cori,erage Ratio (in Umes} (not annuallzecl) 4 Eamjng before Jnler"Est, TaK, Depreciation & Amort.Js11tiOJ1 lll.46 (EBITDA) and @x~ptjonai ltems/lriterest e:l(penst: on rong 52.6~ 17.72 64.90 16.92 26.06 tenn a.nd short te:nn boFTOwjng during the period 5 llacl debts to Account ""'civablo ratio I 'II,) ( not annu•lr.,ed) - --- - - Bad Debts written off/Avera oa Trad<a ~ceiva~ e 6 Debtor Tumav•r ratio (in times) (not annuillU.zed) 2".36 27.08 43.49 tiB.05 108.3, 159.13 Revenue from operatiOns/A'-'erage Trade REceN~ble - Inventory Tumov.,.. nil:lo (In times) ( not • nn"" 11..,..) 7 Re.¥11:mue rrcm operations • Earning before: Interest, TZ!')(, 2.67 2.63 1.84 5.5(; 3.87 9.48 Depredation & Amortisation (EBlTDA) and exceptroJ"laJ ftems/ Average Inventory ---Debt-Equity RatJo (In times) 8 Debt/Net W<lftl1 [Debt Is long tem, borrowing (current & non o.n 0.31 curTent POrtion) ano Short T~rm Sorrowing] 0.79 0.21 0 .79 0.37 Current Ratio (In times} g Current Assets/Cu 1Te11t LiabmtiEs (excluding c~rrent rn~turtties of lofl9 term borrowing) 2.72 2.0 3 1.22 2.72 1.22 2.18 C urreM LlabJll ly Ratio I in tlrna I 10 Curreot Liabilities (excluding current maturities of long term 0.43 0.43 0.42 0.43 0.42 0.39 l>OrrowlnQ)IT0tal Uablllties Tot.I Debbi to Total Assets (In limes) 11 LOng term borrowing {tuf'T'ent & nan C1Jrrent portion) t O,lJ Short Term llorrowlng / Total As= 0.17 0.30 0,13 0.30 0.20 Long Term Debt ta Wo1tdn9 C•J>l"'I (In time•) 12 Long term bon'Clwing (OJrrent & non current portloo) / (CurrfH'\t Assets Cun-ent Uablllties e.xcludin~ current 0.48 0.86 4.27 0,48 4.,7 0.92 maturitles or Ieng tenn borrowing) .. i ... _.._u •• ..,, ..... t • nCra- ~A •-A ", .. "61~ ....... ~ 13.61S n 4') r.:
Page 17
4] 6) The Board of Dire..:tars or the Ccmpany on April 241 20215, have declared ar: interim divid(!nd of :'.I' 11/- per equrt.y ~hare arriOL.uiL1n~ to~ •1,648 Crote. with th(I record dale of April JO, 2026 for the liria11cial Year 2026·.27. Exceptional item,; : Environment al'ld Health Cess : Dunng the year ended Macch Jl,202;>, tne company hao recognized a prov1s1on of >!"56 cro(C on account of [nvimnmenr and Health Cr.ss ( [ tt ccss} .'.)ru.1 dist·lo5iC'l1 ttie same ~S ex~ptional •rem. During the previous year, management had rea.sses~ec.J the prnvis,on and bctsed 011 rts tec::isscss1ne11t, su~pc.uti.:-d by a11 i1,dep~11d<a!nl 1e.gal opiniuri, the provision was not required and accordingly the same was reversed. Jmpact on GTatuity and Leave ertc.as:hment: Consequent to 1hr. introducti.cm of l\lew Labour Codes, the C".,onw,c1.n"° hc1d t1ssessect the 1ncr~mcntat impar.l of these chanye!:i 1n accordance with guidanct! prov1d(•J by U1e Minlstry of Lc:,bour & Employment and acc:ounted fo1 such in,paict in accorch,r1re with guidance: prov&ded by the lnstitulf: ot Charl~JiP.d Acc.ountaots of 1nd1a. Considering that the impact iS n.:in- recurring in nature and driven by the rpgulato1y C'h;:mg~s, the incremental impact of~.11 Cr □re was disclosed as .. l:xniptianal items" in the Standalone statement of profit and loss. foJ the year ended March 31, ?0?6. The Company continu('s to monitor rf"lr.v.111t Crntral/St;itc rnll'!i for cmv further obligations. (~) During the previous financial yea1 1 a s.hmt s.ell~1 had l)Ublbtled reporls alleg111g c.e1lct111 rnalters again.st some ot the !Jedcrnti\ Group ,:,11httt?s 1nc.lud1n1J tl1t\(1u5t;m Zinc Limit~, Based on it$ a:s~essmeflt, management of the Company contmuc:s to hd1P.Ve that lh~se allegation~ are t,a.seleS":i ar1ll that the lransctctioo~ st.:+h:.ad m 111~ ~negations h~ve appropriate c:ommerc!al substance <mr.l thilt thn st1k.l tr;ms.irtions hcJV(! bet~n duly approved throuyh n~ce5,s~ry proct.~'Ses arld the Con1pany 1ema111~ compliant with contractual obfigations and appfi~U'le l~ws a11tJ rogulaL10-,,sJ r;l1ld h~Si!i management's a.55cssme,1t whic:h 1s s.uppo1tc-d b'f IC"<9al op1ni.on, no adJu~trr1-ent<.,. were requjred in staridalone frnariclal results or th~ Comr,?.iny. Information ~ought, ind1d1ng dunn() the cun~nt quartet, by u:-g1Jli1tors/autt,0111.~s have D~n duly p r<>v1ded by the Co mp any. During the previous quarter ,based on detailed investigation in respect of v::trious aUeg.:'t1011s. received by .Sf· ~J 1nclL1d1ng tl,c>sr" ,qmrt(•rl hy lhQ ~tmr1 s<:>llf!r, SI ru h.a1I communicated it:;, observations on certc:11ri nan·compliitnces with re~pect to u~l.-ill:?d party tr~11sat1ions. Tht2se oDse,vabons pertcon~ 10 appro11c1ls a11d (llsclo~ur~ aspects <'!nd did not rnsult in any financial penally, restrlctlon 1 or ~anction on the Comptiny. ln acc:ordanc;c with Stl.U'!i d1rechuris, corre<hve me.t-s1ues hav~ bee•l taken and presented lo the Audrt & Risk Management Committee and the Soard of Uire<.:tors. The Committee and thc Board hc1vr. rf!viewcd th~se mPac;urc"S ,"ln<1 expressed satisfadio,1 ~ith the actions taken to address SESl's obse,-va.tkins. No findings helve boon communicailed by any other rcgulntor j ;rnrho1 rty l"ltl dale. (b} The Enforcement Directorate {"ED'') conducted a search ot1nd seizure operation under the Foreign t><t:hange Management l\c.t. t9otJ~, at the pre m1~e~ of Hindustan Zlnc Limited from JtJne 1~ 2026, to June 3, 2026. Outing the course of the pr~odings, ltlt":! FD snughl informr1tmn1 rec.:c1rd~ anct documr.-nts oi l h(~ Company. The Compi.'lllV eMtenrled full cooperation to the ED oflictals and provided the- inforrnc1tior1 and don1me11ta.liori :sought by them. ·1he C:omc,any ha$ not received any further oornmunica-tion from EO in this regard. The Compan\' publishes SliHldalone frnaocial results ~long with the con!iolrdoted tmanc1dl results, hence the Company has disclosed Uw se9m.ent 1nfurm~tKln rn •~-s cons:olldated fin.and~I r~5"ults in accordanCE wJth lnd AS 100 "Ooer~lin9 SP.gnlents.' 1 • Datt!: October 151, l026 Pl~ce: Delhi By Ord~r of lhe Boz-rd Arna rend u Prakash CEO and Whole-time director DI - OBS 6S3