Hindustan Zinc Q4 Results: Record Net Profit and Interim Dividend Declaration Hindustan Zinc, a subsidiary of the Vedanta Group, reported a significant surge in its financial performance for the quarter ended March 31, 2026, with standalone net profit rising 68% to Rs 4,997 crore. This marks a notable improvement from the Rs 2,976 crore net profit recorded in the same period the previous year. The company attributed this growth to a prolonged rally in silver prices, which reached $75 per ounce on April 24—more than double the $33 per ounce recorded in the same period last year. Silver alone contributed over half of the total segment profit of Rs 6,750 crore in the quarter. The company’s standalone revenue from operations increased by 49% to Rs 13,488 crore in Q4FY26, compared to Rs 9,041 crore in Q4FY25. On a consolidated basis, revenue from operations rose 44% to Rs 12,692 crore, while net profit surged 68% to Rs 5,033 crore from Rs 3,003 in the same quarter last year. Hindustan Zinc also declared an interim dividend of Rs 11 per share, with the record date set for April 30. The dividend, equivalent to 550% of the face value of Rs 2 per share, amounts to Rs 4,648 crore for the financial year 2026-27. The mining company’s performance was driven by strong contributions from its silver and zinc segments. Consolidated segment revenue from zinc and lead business rose 21.4% to Rs 8,640 crore, while silver business revenue increased 138% to Rs 4,032 crore due to the sharp rise in silver prices. However, analysts noted that silver prices faced downward pressure amid macroeconomic challenges, though recovery targets of $95 to $106 per ounce remain in sight due to persistent supply deficits. Production figures for the quarter showed a mixed performance.#silver_prices #hindustan_zinc #vedanta_group #q4fy26 #april_24
Tech Mahindra Q4 Preview: Margins Likely to Improve; Revenue Growth May Remain Muted Shares of Tech Mahindra are under close scrutiny ahead of its Q4FY26 results, scheduled for April 22. Analysts anticipate a stable revenue performance with modest growth, while margins are expected to show improvement. The company’s stock has exhibited mixed movements recently, closing at Rs 1,499.00 on April 21, reflecting a 0.36% decline for the day. Over the past month, the stock has gained 8.31%, and it is up 3.47% over six months. However, it has slipped 6.76% year-to-date, despite remaining 9.14% higher than a year ago. Revenue for the quarter is projected to remain largely unchanged in dollar terms, hovering around $161.6 crore, compared to $161 crore in the previous quarter. In rupee terms, revenue is expected to rise to approximately Rs 14,819 crore, a 3% increase from Rs 14,393 crore. The BFSI (banking, financial services, and insurance) and telecom sectors are anticipated to drive this growth, as they constitute significant portions of Tech Mahindra’s business. Operating performance is forecast to see marginal improvements, with EBIT estimated at Rs 2,022 crore, up 6.9% from the previous quarter. Margins are likely to rise to 13.6% from 13.1%, reflecting better cost management and efficiency. Net profit is projected to reach around Rs 1,453 crore, marking a 29.5% increase over the prior quarter. This growth is attributed to a lower base in the previous quarter, which was negatively impacted by labor code changes. Deal activity is expected to remain steady, with net new deal wins anticipated at approximately $1 billion for the quarter. The rupee’s movement during the period is also likely to have contributed to earnings support.#bfsi #tech_mahindra #telecom #q4fy26 #q3fy26
