Hindustan Zinc Limited (HZL), India’s leading integrated zinc producer and a Vedanta Group company, has once again demonstrated its unwavering commitment to nation-building. The company’s 8th Tax Transparency Report reveals a staggering contribution of INR 18,963 crores to the exchequer in FY25, marking a 44% increase from the previous year. Over the past five years, HZL’s cumulative contribution has reached an impressive INR 87,616 crores, underscoring its pivotal role in India’s economic growth.
A Pillar of Fiscal Discipline and Transparency
Hindustan Zinc’s contributions represent 56% of its revenue from operations, reflecting its robust financial health and dedication to fiscal responsibility. The report highlights key components of its contributions:
- Government Royalties & Levies: INR 18,191 crores, including payments to Rajasthan’s state government and mineral trusts.
- Corporate Taxes: INR 12,393 crores, filed as per statutory requirements.
- Dividends to the Government of India: INR 21,627 crores.
- Indirect Taxes (GST): INR 27,500 crores.
The company’s annual average contribution of INR 3,600 crores to Rajasthan alone showcases its deep economic partnership with the state.
Operational Excellence Driving Growth
HZL’s financial contributions are backed by record-breaking operational milestones:
- Highest-ever mined and refined metal production (1,095 KT and 1,052 KT respectively).
- Four-year lowest zinc cost of production ($1,052/MT).
- Increased metal reserves to 13.1 Mt, ensuring a mine-life of over 25 years.
These achievements solidify HZL’s leadership in the global mining sector and its critical role in advancing India’s industrial and infrastructure development.
Commitment to ESG and Sustainability
Hindustan Zinc’s tax transparency aligns with its broader Environmental, Social, and Governance (ESG) goals. Recognized as the world’s most sustainable metals & mining company by S&P Global for two consecutive years, HZL has pioneered initiatives like EcoZen, Asia’s first low-carbon zinc brand, and aims for Net Zero emissions by 2050.
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Regular insider buying reported in these shares. Does it give any signal to the investors ?