Hindustan Zinc Ltd. Q2FY25 Results: Record Production and Profitability
Hindustan Zinc reported record production and profits in Q2FY25. Key highlights include increased market share, cost reductions, and renewable energy initiatives.
RI
by RA ALOK DAIYA SEBI Reg. INH000011468
Record-Breaking Production
Hindustan Zinc achieved its highest-ever Q2 and half-year production for mined and refined metals.
This strong performance demonstrates operational efficiency and strategic resource management.
Financial Highlights
Profitability
HZL achieved its highest EBITDA and PAT (before exceptional items) in the last six quarters.
The silver segment contributed significantly, accounting for over 40% of overall profitability.
Margins
EBITDA margins exceeded 50%, the highest in eight quarters, a 450 bps YoY improvement.
Cost Reduction
HZL achieved its lowest Q2 cost of production in four years at USD 1,071/MT, down 7% YoY.
Market Dominance
Hindustan Zinc increased its domestic primary zinc market share from 71% to 78% year-over-year.
This growth signifies strengthening market leadership within India.
Sustainability Initiatives
1
Renewable Energy
HZL's board approved a power delivery agreement with Serentica. This will increase RE power consumption from 50% to approximately 70%.
2
Next-Gen Batteries
HZL partnered with JNCASR to develop next-generation zinc-based batteries. This supports the company's commitment to innovation and expanding zinc applications.
Safety and Recognition
HZL received recognition for its safety commitment from the British Safety Council and All India Mine Safety Awards.
Its all-women underground mine rescue team was recognized as the world’s second-best women's task force.
Q2FY25 Quarterly Result Announced for Hindustan Zinc Ltd.