Hindustan Zinc Ltd Q4FY17
Consolidated Results Q4FY17: (Rs. in crore)
|EBITDA Margin (%)||55.5||289|
Hindustan Zinc's consolidated revenue for the quarter came in at Rs. 6756 crore, registering 95.7% yoy increase. This was primarily driven by volume growth and rise in revenues from Zinc segment by almost 200%.
EBITDA for the quarter rose by 106.4% yoy to Rs. 3748.1 crore with a corresponding margin expansion of 289 bps. EBITDA margin for the quarter stood at 55.5%.
The PAT for the quarter came in at Rs. 3056.9 crore, yoy increase of 42.4%.
Looking at full year numbers , Hindustan Zinc's revenue increased by 21.6% yoy to Rs.18797 crore in FY17 on account higher zinc prices in the year.EBITDA for the year also jumped by 40.2% to Rs.10611 crore in FY17. Bottom-line for the year saw marginal increase of 1.7% to Rs. 8315 crore.
Hindustan Zinc Ltd is currently trading at Rs. 285, up by 13.75 points or 5.07% from its previous closing of Rs. 271.25 on the BSE.
The scrip opened at Rs. 275.8 and has touched a high and low of Rs. 285.9 and Rs. 273.45 respectively. So far 4710103(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.
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