From mint · Ashish Agrawal · · 50s
Hindustan Zinc Q2 Earnings Boost
Hindustan Zinc's Q2 earnings surge with higher metal prices and lower costs.
In brief
Hindustan Zinc's Q2 earnings surge with higher metal prices and lower costs. Hindustan Zinc's Q2FY27 revenue rose 77% and Ebitda 108% due to higher silver and zinc prices, lower production costs, and increased sales volumes. Originally reported by mint.
Q2FY27 Results
Hindustan Zinc's Q2FY27 revenue rose 77% year-on-year to ₹15,100 crore.
Ebitda Growth
Ebitda grew 108% year-on-year to ₹9,250 crore due to lower production costs.
Silver Prices
Silver prices averaged $62.6 per ounce in Q2, up 60% year-on-year.
Zinc Prices
Zinc prices averaged $3,825 per tonne in Q2, up 35% year-on-year.
Cost Savings
Zinc production cost fell 29% year-on-year to $703 per tonne.
Q3 Outlook
Silver prices declining to $58 per ounce could temper Q3 earnings momentum.
What matters most
Hindustan Zinc's Q2FY27 revenue rose 77% and Ebitda 108% due to higher silver and zinc prices, lower production costs, and increased sales volumes.
