New Delhi, April 30 -- Hindustan Zinc Ltd's(HZL) muted FY26 guidance overshadowed its robust March quarter result (Q4FY25). It beat consensus estimates on select parameters with consolidated revenue at a multi-quarter high of Rs.9,087 crore, rising 20% year-on-year.

on-year to Rs.4,800 crore aided by higher zinc and silver prices, softer input costs and higher byproduct sales. Ebitda rose 28% to Rs.17,500 crore and revenue increased 18% to Rs.34,000 crore in FY25. But the outlook is hardly encouraging.

HZL has guided formined metal and refined metal production volumes of1.125 mtand1.1 mtfor FY26 which is barely an increase of 2.7% and4.6% respectively, over FY25 when production was the highest ever. Also, the volume guidance for silver ...