Hindustan Zinc Q1FY25: Profit soars 19% to Rs 2,345 cr
Udaipur: Hindustan Zinc on Friday said its consolidated net profit for June quarter rose 19 percent to Rs 2,345 crore as against Rs 1,964 crore in Q1FY24.
The company reported its highest-ever first quarter mined and refined metal production, setting new benchmarks in operational efficiency.
The metal firm's EBITDA rose to Rs 3,951 crore in Q1FY25 as compared to Rs 3,3348 crore in Q1FY24. Its EBITDA margin was 48.6 percent in June quarter as compared to 45.98 percent in the year-ago period.
The company's revenue from operations rose 11 percent YoY to Rs 7,893 crore in Q1FY25.
Hindustan Zinc CEO Arun Misra has expedited the commencement of our renewable energy power delivery with the receipt of the first flow of RE power from Serentica 180 MW solar project in May 2024.
The company is on its way to accelerate its sustainability journey through contribution towards economic prosperity & environmental responsibility, and diversification by catering to high-end sectors responsibly with our strategic partnerships for utilising waste streams for extracting saleable products and supplying for next-generation nickel zinc batteries.
Further expanding our zinc product portfolio in the world, we have launched Asia’s first low carbon ‘green’ zinc, EcoZen, produced using renewable energy and certified by a renowned global sustainability.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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