Hindustan Zinc Limited — Updates, 28-01-2025: Press Release

Hindustan Zinc Limited reported strong results for the third quarter and nine months ended December 31, 2024. The company achieved its best-ever quarterly revenue of ₹ 8,614 crores, marking an 18% year-on-year increase, driven by higher zinc and silver prices. EBITDA also reached a historic high at ₹ 4,539 crores, up 28% YoY, with an impressive EBITDA margin of approximately 53%. Profit after tax surged 32% YoY to ₹ 2,678 crores, bolstered by increased metal volumes and cost efficiencies.

Over the nine months, Hindustan Zinc recorded substantial production milestones, with mined metal production at 784 kt and refined production at 783 kt, contributing to the second-best revenue of ₹ 24,996 crores, a 17% rise YoY. The strong free cash flow from operations stood at ₹ 9,664 crores. The company has maintained operational efficiency, achieving the lowest cost of production in the last 15 quarters at $1,041 per MT. The recognition as the world's most sustainable metals and mining company underscores its commitment to sustainability and operational excellence. Investors may view these results positively, indicating potential for continued growth.