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Economic Times
5 days ago
- Business
- Economic Times
Vedanta-owned Hindustan Zinc Q1 Results: Net profit falls 5% YoY to Rs 2,234 crore; revenue down 4.4%
Vedanta Ltd owned Hindustan Zinc on Friday reported a consolidated net profit of Rs 2,234 crore for the first quarter ended June 2025, reflecting a 4.7% year-on-year (YoY) drop compared to a profit of Rs 2,345 crore posted in the corresponding quarter of previous year. ADVERTISEMENT Hindustan Zinc said its total revenue from operations for the June quarter of FY26 stood at Rs 7,771 crore, representing a year-on-year fall of 4.4%, compared to revenue of Rs 8,130 crore reported in the June quarter of FY25. Sequentially, the company saw a sharper 14.5% revenue decline from the March 2025 quarter, when it had posted its best-ever quarterly revenue of Rs 9,087 crore. The company said the revenue in the first quarter of FY26 saw a decline on account of "lower volumes and lower zinc and lead commodity prices partly offset by higher silver prices, stronger dollar, and higher by-product realisations." 'Despite commodity headwinds and a weaker dollar, our focus on sustainable and efficient production enabled us to deliver a consistent EBITDA margin of 50%," said Sandeep Modi, Chief Financial the June quarter, the consolidated total expenses came in at Rs 5,065 crore, down 4% from the Rs 5,284 expenses reported in the June 2024 of Hindustan Zinc were down 0.9% on Friday at Rs 433 after the earnings announcement. ADVERTISEMENT The stock has gained around 4% year-to-date and 7% over the past six months, but has shed 2% in the last two indicators point to persistent weakness. The stock is currently trading below all major simple moving averages, from the 5-day to the 200-day, indicating sustained bearish momentum. The Relative Strength Index (RSI) is at 43.5, placing it in neutral territory, while the MACD remains in negative territory at -8, reinforcing the downtrend. ADVERTISEMENT Also read | Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record date The subdued Q1 performance follows a strong showing in the March 2025 quarter, where the company posted a 47% year-on-year surge in net profit to Rs 3,003 crore, boosted by higher metal prices, strong volumes, and lower production costs. Revenue in Q4 FY25 had jumped 20% year-on-year to Rs 9,087 crore, while EBITDA rose 32% to Rs 4,816 crore, with margins expanding by 500 basis points to 53%. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
5 days ago
- Business
- Time of India
Vedanta-owned Hindustan Zinc Q1 Results: Net profit falls 5% YoY to Rs 2,234 crore; revenue down 4.4%
Vedanta Ltd owned Hindustan Zinc on Friday reported a consolidated net profit of Rs 2,234 crore for the first quarter ended June 2025, reflecting a 4.7% year-on-year (YoY) drop compared to a profit of Rs 2,345 crore posted in the corresponding quarter of previous year. Hindustan Zinc said its total revenue from operations for the June quarter of FY26 stood at Rs 7,771 crore, representing a year-on-year fall of 4.4%, compared to revenue of Rs 8,130 crore reported in the June quarter of FY25. Sequentially, the company saw a sharper 14.5% revenue decline from the March 2025 quarter, when it had posted its best-ever quarterly revenue of Rs 9,087 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas in Dubai | Search Ads Get Info Undo The company said the revenue in the first quarter of FY26 saw a decline on account of "lower volumes and lower zinc and lead commodity prices partly offset by higher silver prices, stronger dollar, and higher by-product realisations." 'Despite commodity headwinds and a weaker dollar, our focus on sustainable and efficient production enabled us to deliver a consistent EBITDA margin of 50%," said Sandeep Modi, Chief Financial Officer. For the June quarter, the consolidated total expenses came in at Rs 5,065 crore, down 4% from the Rs 5,284 expenses reported in the June 2024 quarter. Live Events Shares of Hindustan Zinc were down 0.9% on Friday at Rs 433 after the earnings announcement. The stock has gained around 4% year-to-date and 7% over the past six months, but has shed 2% in the last two weeks. Technical indicators point to persistent weakness. The stock is currently trading below all major simple moving averages, from the 5-day to the 200-day, indicating sustained bearish momentum. The Relative Strength Index (RSI) is at 43.5, placing it in neutral territory, while the MACD remains in negative territory at -8, reinforcing the downtrend. Also read | Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record date The subdued Q1 performance follows a strong showing in the March 2025 quarter, where the company posted a 47% year-on-year surge in net profit to Rs 3,003 crore, boosted by higher metal prices, strong volumes, and lower production costs. Revenue in Q4 FY25 had jumped 20% year-on-year to Rs 9,087 crore, while EBITDA rose 32% to Rs 4,816 crore, with margins expanding by 500 basis points to 53%. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Reuters
5 days ago
- Business
- Reuters
India's Hindustan Zinc beats quarterly profit estimates
July 18 (Reuters) - Hindustan Zinc ( opens new tab posted a bigger-than-expected first-quarter profit on Friday, as strong demand for the metal helped cushion the impact of prices that were pressured by geopolitical uncertainties. India's top refined zinc producer's consolidated net profit fell 4.7% to 22.34 billion rupees ($259.2 million) for the quarter ended June 30, beating analysts' estimate of 21.02 billion rupees, per data compiled by LSEG. Demand for zinc, which is commonly used to coat steel to prevent corrosion, grew on the back of strong local demand for the alloy, with crude steel production rising 8.6% on-year in the country, analysts said. However, metal prices came under pressure in the reported quarter as geopolitical tensions and uncertainty around U.S. trade policies dragged down industrial metals like zinc, copper and aluminum, squeezing producer margins. Domestic zinc prices fell about 6% year-on-year and 7% quarter-on-quarter in the June-quarter, in line with global trends, according to brokerage Systematix Research. In April, Hindustan Zinc CFO Sandeep Modi told Reuters that uncertainties over U.S. tariffs would delay a stabilisation in metal prices, but he maintained that "fundamentally prices will remain strong." Benchmark zinc prices on the London Metal Exchange fell 3.5% in the quarter ended June 30. Hindustan Zinc, which commands roughly three-fourths of India's zinc market, reported a 4% drop in total revenue from operations to 77.71 billion rupees. ($1 = 86.1750 Indian rupees)
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Business Standard
25-04-2025
- Business
- Business Standard
Hindustan Zinc Q4FY25 results: Net profit jumps 47% to ₹3,003 crore
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 47.3 increase in consolidated net profit at Rs 3,003 crore in the quarter ended March 2025 on the back of higher income. The company had posted a net profit of Rs 2,038 crore in the year-ago period. Income of the company during the latest January-March quarter increased to Rs 9,314 crore from Rs 7,822 crore in the year-ago period, HZL said in a filing to BSE. In a statement the company said that it was its "best-ever fourth quarter profit after tax of Rs 3,003 crore, up 47 per cent Y-o-Y". "As the world's largest integrated zinc producer, we aim to meet rising domestic demand while maintaining our position as one of the lowest-cost producers globally and most resilient producers in the industry," company's Chief Executive Officer Arun Misra said. HZL's Chief Financial Officer Sandeep Modi said despite the global uncertainties, including recent market volatility from the ongoing trade war, the company's fundamentals remain robust. "With a strong balance sheet, structurally leaner cost base and clear strategic direction, Hindustan Zinc is well-positioned to navigate external headwinds and continue delivering consistent, industry-leading returns," he said. Hindustan Zinc is a leading integrated zinc producer and amongst the top five silver producers globally. The company supplies to more than 40 countries and holds about 75 per cent share of the primary zinc market in India.
News18
25-04-2025
- Business
- News18
Hindustan Zinc Q4 Results: Net Profit Jumps 47% To Rs 3,003 Crore
Vedanta group firm Hindustan Zinc Ltd's (HZL) income during the latest January-March quarter increases to Rs 9,314 crore from Rs 7,822 crore in the year-ago period. Hindustan Zinc Q4 Results. Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 47.3 per cent increase in consolidated net profit at Rs 3,003 crore in the quarter ended March 2025 on the back of higher income. The company had posted a net profit of Rs 2,038 crore in the year-ago period. Income of the company during the latest January-March quarter increased to Rs 9,314 crore from Rs 7,822 crore in the year-ago period, HZL said in a filing to BSE. In a statement the company said that it was its 'best-ever fourth quarter profit after tax of Rs 3,003 crore, up 47 per cent Y-o-Y". 'As the world's largest integrated zinc producer, we aim to meet rising domestic demand while maintaining our position as one of the lowest-cost producers globally and most resilient producers in the industry," company's Chief Executive Officer Arun Misra said. HZL's Chief Financial Officer Sandeep Modi said despite the global uncertainties, including recent market volatility from the ongoing trade war, the company's fundamentals remain robust. 'With a strong balance sheet, structurally leaner cost base and clear strategic direction, Hindustan Zinc is well-positioned to navigate external headwinds and continue delivering consistent, industry-leading returns," he said. . First Published: April 25, 2025, 16:55 IST
