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Earnings Summary Of Hindustan Zinc For Q3 FY23

Hindustan Zinc Limited (NSE: HINDZINC) is a leading producer of zinc and silver in India. The company is a subsidiary of Vedanta Resources Limited, a globally diversified natural resources company. HINDZINC operates mines, concentrators, and smelters in Rajasthan, India, and is one of the largest integrated zinc-lead producers in the world. The company’s products are used in a wide range of industries, including construction, infrastructure, automotive, and electronics.

Revenue from Operations of ₹7,628 Crores, down 3% from the previous year. The Zinc, lead & other segment generated a total of ₹6,630 Crore in revenue, or 87% of the total revenue. The segment fell by 2% from the previous year. A total of ₹983 Crore were contributed by the Silver metal segment, a decline of 9% from the same quarter last year. The Consolidated Net Profit for the business decreased by 20% year over year, to ₹2,156 Crore from ₹2,701 Crore. Earnings per Share is ₹5.10 for this quarter.

Categories: Earnings
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