Archive for February, 2017

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Highest ever mined metal production, EBITDA at all-time record

Hind Zinc : Results for the Third Quarter Ended December 31, 2016 : Revenues at Rs. 5,348 Crore, up by 40% q-o-q and 45% y-o-y., Net profit during the quarter was at Rs. 2,320 Crore, up 22% q-o-q and 26% y-o-y.

Udaipur. Hindustan Zinc Limited today announced its results for the third quarter ended December 31, 2016. Chairman Mr. Agnivesh Agarwal, “2016 was a strong year as zinc prices surged over 55 percent during the quarter compared to a year ago. With no new zinc mines being commissioned in the near future, zinc market outlook remains positive for 2017 also. I am pleased to report a five year CAGR of 38 percent in our underground mined metal production. We are uniquely poised to benefit from these dynamics, being the only primary zinc producer in the country.”

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