Hindustan Zinc Q3 Results: Profit Zooms 32%, Exceeds Estimates

Hindustan Zinc's revenue increased 17.8% year-on-year in the third quarter to Rs 8,614 crore.

Hindustan Zinc's Ebitda rose 27.8% to Rs 4,499 crore in Q3FY25 versus Rs 3,521 crore in the year-ago period. (Photo source: Company website)

Hindustan Zinc Ltd.'s net profit surged 32% year-on-year during the quarter ended December 2024, thereby exceeding analysts' estimates.

The integrated zinc producer's consolidated bottom line came in at Rs 2,678 crore in the October-December period, according to an exchange filing on Tuesday. That compares with the Rs 2,509-crore consensus estimate of analysts polled by Bloomberg.

Hindustan Zinc Q3 Highlights (Consolidated, YoY)

  • Revenue up 17.8% at Rs 8,614 crore versus Rs 7,310 crore (Bloomberg estimate: Rs 8,335 crore).

  • Ebitda rises 27.8% to Rs 4,499 crore versus Rs 3,521 crore (Estimate: Rs 4,348 crore).

  • Margins at 52.2% vs 48.2% (Estimate: 52.2%).

  • Net profit up 32% at Rs 2,678 crore versus Rs 2,028 crore (Estimate: Rs 2,509 crore).

Hindustan Zinc's revenues growth was mainly driven by the 'zinc, lead and others' segment, that saw a 21% growth year-on-year. Another factor that may have helped the company's earnings is the 9.8% sequential rise in zinc prices in the December quarter to $3,048 per tonne.

The company's higher Ebitda and margins were mainly aided by an 8% annual fall in power and fuel costs.

After the quarterly results were declared, shares of Hindustan Zinc were trading 1.32% lower at Rs 445.25 apiece on the BSE, compared to a 1.43% climb in the benchmark Sensex.

Also Read: Stock Market Today: Nifty, Sensex Snap Two-Day Rout; Bajaj Finance, Axis Bank Top Performers

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
WRITTEN BY
Mihika Barve
Mihika Barve is a NISM Certified Research Analyst at NDTV Profit actively t... more
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Google Badge