Hindustan Zinc Q1 results: Net profit rises 19% to Rs 2,345 cr

At 2:40 pm on August 2, Hindustan Zinc's share were trading 1.4 percent higher at Rs 657 apiece

Moneycontrol Moderator

August 02, 2024 / 15:40 IST

Hindustan Zinc Q1 results: Net profit rises 19% to Rs 2,345 cr

26 Aug, 2025 12:21

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Hindustan Zinc on August 2 said its consolidated net profit for June quarter rose 19 percent to Rs 2,345 crore as against Rs 1,964 crore in Q1FY24.

At 2:40 pm on August 2, Hindustan Zinc's shares were trading 1.4 percent higher at Rs 657 apiece.

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.

Commenting on the performance, Arun Misra, CEO, said: “Hindustan Zinc has started the year on a strong note, recording highest ever first quarter mined and refined metal production, leveraging strong metal prices during the quarter. It also gives me immense pleasure to inform you that we have 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. Further, we are set to accelerate our 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
consulting firm for its life cycle carbon footprint assessment. It boasts a carbon footprint of less than 1 tCO2e per tonne of Zinc produced, about 75% lower than the global average. We strongly believe that we can create further value for the Company by ensuring creation of separate verticals for the recycling and silver businesses in the coming days.”