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Hind Zinc Q2 PAT seen up 44% at Rs 1370cr
Hindustan Zinc is to announce its second quarter results. According to CNBC-TV18 estimates, the company's Q2 net sales were up 30.2% at Rs 2815 crore versus Rs 2162.88 crore, year-on-year, YoY.
Hindustan Zinc is to announce its second quarter results. According to CNBC-TV18 estimates, the company's Q2 net sales were up 30.2% at Rs 2815 crore versus Rs 2162.88 crore, year-on-year, YoY.
Its EBITDA is seen up 37.6% at Rs 1496 crore versus Rs 1087.1 crore.
Its EBITDA margins at 53.1% versus 50.3%.
The company's PAT is seen up 44.4% at Rs 1370 crore versus Rs 948.72 crore.
FY12QoQ
Its net sales is seen flat at Rs 2815 crore versus Rs 2821 crore.
Its EBITDA is seen down 4.5% at Rs 1496 crore versus Rs 1567 crore.
The company's PAT is seen down 8.4% at Rs 1370 crore versus Rs 1494.41 crore.
Key Factors To Watch:
Higher realizations of Zinc, lead and Silver and volume increase will help in maintaining robust growth yearly
Both metal volumes and prices to drive topline on a y-o-y basis but sequentially the performance is expected to be subdued
LME zinc prices increased 12% YoY to USD2,280/ton LME lead prices grew 21% YoY to USD2,500/ton Silver prices have increased 97% YoY to INR57,758/kg But sequential performance is likely to remain muted because of the fall in zinc prices and higher costs
Higher coal costs will hit their margins but likely to be partly set off by strong volume growth and better realizations of by-products
Looking ahead Zinc and lead prices are unlikely to see any major upside as the market remains in surplus
