Hindustan Zinc Limited — Updates, 18-10-2024: Press Release

Hindustan Zinc Limited reported a strong Q2 performance with a 38% year-over-year increase in profit after tax to INR 2,389 crore, driven by record metal production and cost reductions. Key highlights include the highest-ever second-quarter production, a substantial rise in EBITDA margin to over 50%, and a strengthened domestic zinc market share. The board approved a renewable energy agreement to increase power consumption, and partnerships for developing zinc-based battery technologies.