Hindustan Zinc Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Hindustan Zinc Ltd reported a 3.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 16.1%.
- Its expenses for the quarter were down by 0.1% QoQ and up 7.5% YoY.
- The net profit increased 15.1% QoQ and increased 32.1% YoY.
- The earnings per share (EPS) of Hindustan Zinc Ltd stood at 6.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 8832.00 | 8522.00 | 7606.00 | 3.6% | 16.1% |
Total Expenses | 5305.00 | 5309.00 | 4937.00 | -0.1% | 7.5% |
Profit Before Tax | 3527.00 | 3130.00 | 2669.00 | 12.7% | 32.1% |
Tax | 849.00 | 803.00 | 641.00 | 5.7% | 32.4% |
Profit After Tax | 2678.00 | 2327.00 | 2028.00 | 15.1% | 32.1% |
Earnings Per Share | 6.30 | 5.50 | 4.80 | 14.5% | 31.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Hindustan Zinc Ltd is a leading player in the mining industry, primarily focused on the extraction and production of zinc and other related products such as lead and silver. As one of the largest integrated producers of zinc globally, the company operates in a sector that is critical to various industries, including construction, automotive, and electronics, which rely on zinc for galvanizing steel and other purposes. Hindustan Zinc Ltd is a subsidiary of Vedanta Limited, and it benefits from the parent company’s extensive resources and expertise in the natural resources sector. While specific recent developments pertaining to Hindustan Zinc Ltd are not detailed here, the company is known for its commitment to sustainable mining practices and technological advancements in its operations.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Hindustan Zinc Ltd reported a total income of ₹8832.00 crores. This represents a sequential increase of 3.6% from the previous quarter (Q2FY25), where the total income stood at ₹8522.00 crores. On a year-over-year basis, the total income grew by 16.1% from ₹7606.00 crores in Q3FY24. This consistent growth in revenue indicates the company’s ability to enhance its income streams over both the short and long term. The substantial year-over-year increase suggests a robust performance in the company’s core business activities, potentially driven by operational efficiencies and favorable market conditions for its primary products.
Profitability
For Q3FY25, Hindustan Zinc Ltd achieved a profit before tax of ₹3527.00 crores, up by 12.7% from ₹3130.00 crores in Q2FY25. Year-over-year, the profit before tax surged by 32.1% from ₹2669.00 crores recorded in Q3FY24. The company’s profit after tax for Q3FY25 was ₹2678.00 crores, marking a substantial quarter-over-quarter increase of 15.1% from ₹2327.00 crores in Q2FY25, and a significant year-over-year rise of 32.1% from ₹2028.00 crores in Q3FY24. These figures reflect not only effective cost management but also an ability to maintain profit margins amidst varying economic conditions. Hindustan Zinc Ltd’s earnings per share for this quarter rose to ₹6.30, showing an improvement of 14.5% over the previous quarter and 31.3% over the same quarter last year, reinforcing the company’s profitability performance.
Operating Metrics
Total expenses for Hindustan Zinc Ltd in Q3FY25 were reported at ₹5305.00 crores, which is relatively stable compared to ₹5309.00 crores in Q2FY25, showing a marginal decrease of 0.1%. Compared to Q3FY24, where total expenses were ₹4937.00 crores, there was a year-over-year increase of 7.5%. This indicates a controlled cost structure amid increased operational activities. The tax expense for Q3FY25 was ₹849.00 crores, up by 5.7% from the previous quarter and by 32.4% from the same quarter last year, aligning with the growth in profitability. These operational metrics underscore the company’s efficiency in managing both revenue growth and associated costs, contributing to its overall financial health.
