Hindustan Zinc Ltd Sees Profit Surge in June Quarter FY25

Vedanta group company Hindustan Zinc Ltd reported a significant 19.3% increase in consolidated net profit for June quarter FY25, reaching Rs 2,345 crore. The growth is attributed to higher EBITDA and improved revenues, thanks to better metal volumes and prices. The company also emphasizes its sustainability initiatives.

Vedanta group subsidiary Hindustan Zinc Ltd (HZL) has announced a 19.3% rise in consolidated net profit for the June quarter of FY25, amounting to Rs 2,345 crore, driven by higher EBITDA.

Year-over-year, the company's income increased from Rs 7,564 crore to Rs 8,398 crore, with EBITDA growing 17% to Rs 3,946 crore. Revenue from operations also saw a 12% rise due to better metal volumes and prices, complemented by a robust dollar value.

In terms of production, HZL achieved a record first-quarter refined metal production of 2,62,000 tonnes and plans to accelerate its renewable energy and sustainability initiatives. Strategic hedging and cost suppression measures have positioned HZL as a leader in the global and domestic zinc markets.

(With inputs from agencies.)