https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Hindustan Zinc Reports 32 Percent Surge in Q3 Net Profit to Rs. 2,678 Crore

This growth was driven by higher consolidated income, which rose to Rs 8,832 crore from Rs 7,606 crore year-on-year. Total expenses also increased to Rs 5,305 crore during the quarter, reflecting the company's strategic investments and operational costs.
Indian Masterminds Stories

Hindustan Zinc Ltd., a subsidiary of the Vedanta Group, reported a significant increase in its consolidated net profit for the quarter ending December 31, 2024. The company’s net profit surged by 32 percent to Rs 2,678 crore compared to Rs 2,028 crore in the same period last year. This growth was driven by higher consolidated income, which rose to Rs 8,832 crore from Rs 7,606 crore year-on-year. Total expenses also increased to Rs 5,305 crore during the quarter, reflecting the company’s strategic investments and operational costs.

The rise in profitability was attributed to increased revenue from operations, which reached Rs 8,614 crore, marking an 18 percent year-on-year increase. This growth was fuelled by higher prices of zinc and silver, supported by a strong dollar. CEO Arun Misra highlighted the company’s focus on operational excellence, environmental sustainability (ESG), and continuous improvement, resulting in record production levels over the past nine months.

As of December 31, 2024, Hindustan Zinc maintained robust financial health with substantial investments and cash equivalents amounting to Rs 8,153 crore, primarily in high-quality debt instruments. The company’s net debt reduced to Rs 4,117 crore from Rs 5,721 crore as of September 30, 2024, positioning it well to pursue its growth strategy and enhance shareholder value through operational efficiency and cost management.

Hindustan Zinc Ltd., recognised as the world’s second-largest integrated zinc producer and third-largest silver producer, serves a global clientele across more than 40 countries. The company continues to dominate the primary zinc market in India with a market share of approximately 75 percent.


Indian Masterminds Stories
Related Stories
NEWS
Tamilnadu-police-resized
8 IPS officers Transferred in Tamil Nadu, G. Karthikeyan Made ACP, Traffic, Chennai
IRSME_resized
IRSME Officer Uday Singh Mina Appointed as DRM of Deen Dayal Upadhyay Division, East Central Railway
IRS Officers ndian revenue Services
IRS Rahul Kumar Transferred to NACIN ZTI, Shillong
IEX
IEX Records 19% Growth in Trade Volume, Achieves Highest-Ever Monthly Electricity Trade in March 2025
Union Bank of India UBI
Union Bank of India Clocks 8.6% Credit Growth in Q4 FY25; J&K Bank and Ujjivan SFB Also Post Gains
Bank_Banking_news
Bank of Baroda Reports 12.8% Credit Growth in Q4 FY25; Bank of India and IDBI Bank Also See Strong Gains
Government of Tripura
Tripura Begins Process to Appoint New DGP as IPS Amitabh Ranjan Nears Retirement
apr4news25
2 Senior IPS officers, NHRC Member Rajiv Kumar Jain & Vigilance Commissioner Arbind Kumar, Retire
Videos
Sudhanshu Shekhar JHA
The IRS Association's Mission Is Beyond Numbers and Returns
Padmapani Bora IRS
The Rise of Assam as India’s Most Exciting Tourist Spot | Exclusive with IRS Padmapani Bora
Sajjan Yadav | IAS
The Policy Maker Who Turned India’s Vaccine Story and UPSC Struggles into Bestsellers
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Tamilnadu-police-resized
8 IPS officers Transferred in Tamil Nadu, G. Karthikeyan Made ACP, Traffic, Chennai
IRSME_resized
IRSME Officer Uday Singh Mina Appointed as DRM of Deen Dayal Upadhyay Division, East Central Railway
Videos
Sudhanshu Shekhar JHA
Padmapani Bora IRS
Sajjan Yadav | IAS
ADVERTISEMENT
ADVERTISEMENT