return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Earnings
    /
  5. Hindustan Zinc Q1 results: Net profit rises 19.4% to ₹2,345 crore, revenue up 11.6%

Market News

Hindustan Zinc Q1 results: Net profit rises 19.4% to ₹2,345 crore, revenue up 11.6%

Upstox
By Upstox News Desk

1 min read | Updated on August 02, 2024, 15:20 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Hindustan Zinc's revenue from operations surged 11.6% to ₹8,130 crore in the latest June quarter as against ₹7,282 crore in the corresponding period last year.

Stock list

HINDZINC
--
open-pit-mining-920200_1280.webp

Hindustan Zinc's EBITDA stood at ₹3,946 crore in Q1 FY25, up 18% year-on-year. Image: Representational

Mining major Hindustan Zinc reported a 19.39% increase in its consolidated net profit to ₹2,345 crore in the first quarter of financial year 2024-25. In the year-ago period, the company had posted a net profit of ₹1,964 crore.

The revenue from operations surged 11.6% to ₹8,130 crore in the latest June quarter as against ₹7,282 crore in the corresponding period last year.

Following the results, the stock was trading 0.6% higher at ₹651.5 on the NSE. The scrip was up 0.5% at ₹650.9 on the BSE.

The earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹3,946 crore in Q1 FY25, up 18% from ₹3,347 crore a year back. The margin was at 48.5% as compared to 46%.

Hindustan Zinc is the second-largest integrated zinc producer in the world and the third-largest silver producer. The firm supplies to over 40 nations and holds a market share of around 75% of the primary zinc market in India.

The scrip jumped 105.9% year-to-date (YTD) and advanced 103.4% in the past year.

Uplearn

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story