Hindustan Zinc Ltd News Today

EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) during the quarter rose 32% to ₹4,820 crore.

According to reports, the business is also planning its participation in the auction of all mineral blocks that will take place in India.

Quarterly Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) was ₹4,820 crore, a year-on-year growth of 32%.

Refined zinc production for the quarter was 214,000 tonnes and lead production was 56,000 tonnes.

However, as per Hindustan Zinc, the delay in appointing Independent Directors is pending approval from the Ministry of Mines (MoM).

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The Vedanta group company informed the bourses that it has strengthened its collaboration with Serentica Renewables.

The decrease was due to reduced ore production at Agucha and the SK mines offset in part by improved metal grades and mill recovery.

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EBITDA increased 27% YoY to ₹4,460 crore during the quarter. The EBITDA margins rose up to 54%, compared to last year's 49.8%.