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Hindustan Zinc delivered strong Q2 FY26 results, achieving record Q2 mined metal production and 5-year lowest zinc cost ($994/ton). Revenue INR 8,549 Cr (+10% QoQ), EBITDA INR 4,467 Cr (+16% QoQ). FY26 guidance revised: refined metal 1,075 +/- 10 KT, silver 680 +/- 10 tons, cost guidance lowered to ~$1,000/ton. Growth projects (250 KTPA smelter, INR 12,000 Cr; 10 MTPA zinc tailing plant, INR 3,800 Cr) are progressing. Expects >1.1 MT metal production next year. Outlook confident, leveraging commodity prices and cost efficiency for sustainable growth.