Hindustan Zinc Q3 Profit Surges 48%, Record Revenue Fueled by Silver Boom

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Overview

Hindustan Zinc posted a remarkable third quarter with net profit soaring 48% to ₹3,916 crore. The company achieved its highest-ever quarterly revenue at ₹10,980 crore, a 28% sequential increase, driven by a significant boom in silver prices and demand. Operating margins also expanded substantially, showcasing strong operational performance.

Record Financial Performance

Hindustan Zinc Ltd. has unveiled robust third-quarter financial results, highlighted by a significant 48% surge in net profit to ₹3,916 crore. This impressive gain builds upon the preceding quarter's performance, underscoring a strong operational trajectory.

Consolidated revenue from operations reached an all-time quarterly high of ₹10,980 crore during the October-December period, marking a substantial 28% sequential jump. Earnings before interest, tax, depreciation, and amortisation (Ebitda) rose by 36% to ₹6,054 crore, pushing the Ebitda margin to an expanded 55.1% from 52% in the second quarter.

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