Udaipur, India – January 28, 2025: Hindustan Zinc Limited (NSE: HINDZINC, BSE: 500188), India’s largest zinc and silver producer, has announced its unaudited financial results for Q3 FY2024-25. The company reported a robust net profit of ₹2,678 crore, driven by higher metal sales and cost efficiencies. Additionally, the company appointed Ms. Aashhima V Khanna as Company Secretary and Compliance Officer, strengthening its leadership team.
Key Financial Highlights – Q3 FY2024-25 (Consolidated)
- Revenue from Operations: ₹8,315 crore (YoY increase of 17.7% from ₹7,067 crore)
- Total Income: ₹8,832 crore
- Profit Before Tax (PBT): ₹3,527 crore (YoY increase of 32.1% from ₹2,669 crore)
- Net Profit (PAT): ₹2,678 crore (YoY increase of 32.1% from ₹2,028 crore)
- Earnings Per Share (EPS): ₹6.34 per share.
Nine-Month Performance (April – December 2024)
- Total Revenue: ₹24,212 crore (YoY increase of 16.4% from ₹20,797 crore)
- Profit Before Tax (PBT): ₹9,771 crore
- Net Profit (PAT): ₹7,350 crore (YoY increase of 28.5%)
- Earnings Per Share (EPS): ₹17.40 per share.
Segment-Wise Performance
- Zinc, Lead & Silver Segment:
- Revenue at ₹8,297 crore (YoY growth of 17.7%)
- Silver Revenue: ₹1,465 crore (YoY increase of 3.7%)
- Wind Energy Segment: ₹18 crore revenue.
Strategic Developments & Key Announcements
- Leadership Appointment:
- Ms. Aashhima V Khanna was appointed Company Secretary & Compliance Officer, effective January 28, 2025.
- She brings over 14 years of experience in corporate governance and compliance, previously serving as Company Secretary at Dalmia Bharat Sugar & Industries.
- Cost Efficiency & Operational Performance:
- Power & fuel costs decreased YoY, improving operational margins.
- Mining royalty expenses rose due to higher production and metal prices.
Market Outlook & Investor Takeaways
- Higher global zinc and silver demand is expected to support revenue growth.
- Strategic cost management and operational efficiencies driving profitability.
- Strengthened leadership team to enhance corporate governance and regulatory compliance.