India: Hindustan Zinc posts strong results in Q1FY23

  • Hindustan Zinc Limited reported consolidated net profit of INR 3,092 crore in Q1FY23, a jump of 56% y-o-y, as per company reports.
  • EBITDA was recorded at INR 5,279 cr in Q1, an increase of 48% y-o-y.
  • The company’s mined metal production was at 252,000 t, up 13.8% y-o-y on account of higher ore production at Kayad, Sindesar Khurd and Rampura Agucha mines.

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