Latest news with #HindustanZincLtd
Time of India
18-07-2025
- Business
- Time of India
Hindustan Zinc posts net profit of 2,234cr in Q1
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue. The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE. Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period. In a statement, HZL said the decline in revenue was due to reduced volumes and decreased prices for zinc and lead commodities, although this was somewhat compensated by increased silver prices, a stronger dollar, and better by-product realisations. Total expenses during April-June FY26 dropped to Rs 5,065 crore over Rs 5,284 crore in the year-ago period, the filing said. "In line with the rising zinc demand projected by 2030, the board has approved the Phase-1 expansion project towards 2x growth, further strengthening our growth pipeline. "Coupled with the addition of blocks of critical minerals and rare earth elements, we are strategically poised to transform into a true multi-metal powerhouse, unlocking sustained value for all our stakeholders," HZL Chief Executive Officer Arun Misra said. On the project updates, the company said 160 kilo tonne per annum (KTPA) roaster at Debari, Rajasthan will be commissioned in the second quarter of the current financial year. The 510 KTPA fertiliser plant is under progress and is likely to be completed by first quarter of implementation of hot acid leaching technology for recovery of lead and silver from smelting waste at Dariba is likely to be completed by the fourth quarter of the current financial year.
Time of India
18-07-2025
- Business
- Time of India
Hindustan Zinc Q1 FY26 net profit declines 4.7% to ₹2,234 crore
Hindustan Zinc Ltd (HZL), a Vedanta group company , on Friday reported a 4.7 per cent year-on-year decline in its consolidated net profit, which stood at ₹2,234 crore for the quarter ended June 30, 2025. This compares to a net profit of ₹2,345 crore in the corresponding period of the previous fiscal year (Q1 FY25), according to its filing with the BSE, PTI reports. The decline in profitability was primarily driven by a fall in revenue, which dropped to ₹7,591 crore in Q1 FY26 from ₹7,893 crore in the year-ago quarter. In an official statement, HZL attributed the revenue dip to reduced volumes and lower commodity prices for zinc and lead. However, these headwinds were partially offset by an increase in silver prices, a stronger US dollar, and improved realisations from by-products. Despite the top-line pressure, HZL demonstrated cost management, with total expenses for the April-June FY26 period decreasing to ₹5,065 crore from ₹5,284 crore in Q1 FY25. The company also achieved its lowest ever first-quarter zinc production cost since transitioning to underground mining, at $1,010 per tonne, a 9 per cent improvement year-on-year. 'In line with the rising zinc demand projected by 2030, the board has approved the Phase-1 expansion project towards 2x growth, further strengthening our growth pipeline," said Arun Misra, HZL Chief Executive Officer. He added that with the recent addition of critical mineral and rare earth element blocks, HZL is strategically poised to transform into a true multi-metal powerhouse, unlocking sustained value for all our stakeholders. Amongst the company's key projects, a 160 kilo tonne per annum (KTPA) roaster at Debari, Rajasthan, is scheduled for commissioning in the second quarter of the current financial year (Q2 FY26), while the 510 KTPA fertiliser plant project is progressing as planned is expected to be completed by the first quarter of FY27, the company said in its statement.
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Business Standard
18-07-2025
- Business
- Business Standard
Hindustan Zinc Q1 results: Profit declines 5% to ₹2,234 cr, revenue down 4%
Compared to the previous quarter (Q4 FY25), the company's profit declined by 25.61 per cent, dropping from ₹3,003 crore New Delhi Hindustan Zinc Ltd on Friday reported a net profit of ₹2,234 crore for the first quarter (Q1) of FY26, down 4.75 per cent from ₹2,345 crore in the same period last year. Compared to the previous quarter (Q4 FY25), the company's profit declined by 25.61 per cent, dropping from ₹3,003 crore. The company's revenue for Q1 FY26 stood at ₹7,591 crore, marking a 3.8 per cent decline compared to ₹7,893 crore in Q1 FY25, and a sharper sequential drop of 14 per cent from ₹8,829 crore in Q4 FY25. Shares of Hindustan Zinc were trading 0.14 per cent down at ₹436.45 apiece at 3.09 pm on the BSE on Friday. First Published: Jul 18 2025 | 3:22 PM IST
Economic Times
16-07-2025
- Business
- Economic Times
Stock Radar: Why is Hindustan Zinc looking good for a short-term bounce after falling over 35% from highs?
Hindustan Zinc Ltd, part of the Zinc industry, has taken support above the 200-week Exponential Moving Average (EMA) on weekly charts. On the daily charts, it has found support above the upward sloping traders with a high-risk appetite can look to buy the stock now for a possible bounce back towards Rs 455-485 in the next few weeks, suggest Zinc stock hit a high of Rs 672 on July 18, 2024, but it failed to hold
Time of India
09-07-2025
- Business
- Time of India
HZL pays taxes, levies of 87,600cr in 5 yrs
Udaipur: Hindustan Zinc Ltd has contributed Rs 18,963 crore to the state and central govt exchequers as per the company's 8th Tax Transparency Report. The contribution represents 56% of the company's revenue from operations. In a statement, the company said this also marks a 44% increase compared to the previous year, bringing Hindustan Zinc's cumulative contribution to the exchequers over the past five years to Rs 87,616 crore. According to the report, contribution to Rajasthan govt increased to Rs 5,145 crore in 2024-25 against Rs 4,349 in the previous year, taking the total contribution in the past five years to Rs 22,969 crore This contribution to the exchequer increased on the back of Hindustan Zinc's record-breaking operational milestones. The company achieved the highest-ever mined and refined metal production at 1,095 KT and 1,052 KT. The company recorded the four-year lowest zinc cost of zinc production came down to the four-year low of $1,052 per tonne. tnn
