NEW DELHI: Hindustan Zinc Ltd (HZL) on Friday posted a 6 per cent decline in consolidated internet revenue to Rs 2,028 crore through the quarter ended December 2023, dragged by decrease revenue.
It had clocked Rs 2,156 crore internet revenue through the October-December interval of the previous 2022-23 fiscal, the corporate stated in an alternate submitting.
On a quarter-on-quarter (q-o-q) foundation, the corporate’s revenue grew 17 per cent as in opposition to Rs 1,729 crore within the July-September quarter.
Throughout the quarter below overview, the corporate’s whole revenue lowered to Rs 7,606 crore from Rs 8,214 crore a 12 months in the past.
Its bills had been Rs 4,937 crore as in opposition to Rs 5,028 crore within the year-ago interval.
On the corporate’s efforts to scale back carbon emissions, Arun Misra, Chief Government Officer of HZL, stated: “Hindustan Zinc has initiated the deployment of electrical and LNG autos in its operations for inter-unit actions and completed items transportation, thereby decreasing the scope 3 emissions.”
Its CFO Sandeep Modi stated, the efficiency “marks the corporate’s fourth consecutive quarter of constant value enchancment and the bottom value within the final 10 quarters. We proceed to stay centered on value optimisation, operational efficiencies, working capital administration, digital enhancements and shareholder worth maximisation.”
HZL’s manufacturing of mined steel within the quarter rose 8 per cent to 271 kilo tonne (kt) sequentially and seven per cent up year-on-year (y-o-y), pushed by greater ore manufacturing at Rampura Agucha and Sindesar Khurd mines.
Within the quarter below overview, its refined steel manufacturing grew 7 per cent to 259 kt sequentially and 1 per cent greater y-o-y.
Built-in zinc manufacturing within the quarter elevated 10 per cent to 203 kt sequentially and declined 4 per cent y-o-y. Within the December quarter, manufacturing of refined lead fell 1 per cent to 56 kt sequentially however grew 21 per cent y-o-y.
Its saleable silver manufacturing within the quarter was 197 MT (metric tonne), up 9 per cent q-o-q and 22 per cent y-o-y.
Sharing an replace on the tasks, HZL stated its fumer and alloy crops are presently below operation after their commissioning within the final quarter, whereas a brand new roaster at Debari of 160 ktpa and Hindustan Zinc Fertilisers Personal Ltd (HZFPL) of 510 ktpa for predominant course of package deal is on observe.
The corporate generated a money circulation of Rs 2,097 crore through the quarter. Whole borrowings excellent as of December 2023 was Rs 10,111 crore.
Throughout the quarter, the corporate paid a dividend of Rs 2,535 crore.
Hindustan Zinc is the world’s second largest built-in zinc producer and fifth largest silver producer.
The Udaipur-based firm holds about 80 per cent of the rising zinc market within the nation.
It had clocked Rs 2,156 crore internet revenue through the October-December interval of the previous 2022-23 fiscal, the corporate stated in an alternate submitting.
On a quarter-on-quarter (q-o-q) foundation, the corporate’s revenue grew 17 per cent as in opposition to Rs 1,729 crore within the July-September quarter.
Throughout the quarter below overview, the corporate’s whole revenue lowered to Rs 7,606 crore from Rs 8,214 crore a 12 months in the past.
Its bills had been Rs 4,937 crore as in opposition to Rs 5,028 crore within the year-ago interval.
On the corporate’s efforts to scale back carbon emissions, Arun Misra, Chief Government Officer of HZL, stated: “Hindustan Zinc has initiated the deployment of electrical and LNG autos in its operations for inter-unit actions and completed items transportation, thereby decreasing the scope 3 emissions.”
Its CFO Sandeep Modi stated, the efficiency “marks the corporate’s fourth consecutive quarter of constant value enchancment and the bottom value within the final 10 quarters. We proceed to stay centered on value optimisation, operational efficiencies, working capital administration, digital enhancements and shareholder worth maximisation.”
HZL’s manufacturing of mined steel within the quarter rose 8 per cent to 271 kilo tonne (kt) sequentially and seven per cent up year-on-year (y-o-y), pushed by greater ore manufacturing at Rampura Agucha and Sindesar Khurd mines.
Within the quarter below overview, its refined steel manufacturing grew 7 per cent to 259 kt sequentially and 1 per cent greater y-o-y.
Built-in zinc manufacturing within the quarter elevated 10 per cent to 203 kt sequentially and declined 4 per cent y-o-y. Within the December quarter, manufacturing of refined lead fell 1 per cent to 56 kt sequentially however grew 21 per cent y-o-y.
Its saleable silver manufacturing within the quarter was 197 MT (metric tonne), up 9 per cent q-o-q and 22 per cent y-o-y.
Sharing an replace on the tasks, HZL stated its fumer and alloy crops are presently below operation after their commissioning within the final quarter, whereas a brand new roaster at Debari of 160 ktpa and Hindustan Zinc Fertilisers Personal Ltd (HZFPL) of 510 ktpa for predominant course of package deal is on observe.
The corporate generated a money circulation of Rs 2,097 crore through the quarter. Whole borrowings excellent as of December 2023 was Rs 10,111 crore.
Throughout the quarter, the corporate paid a dividend of Rs 2,535 crore.
Hindustan Zinc is the world’s second largest built-in zinc producer and fifth largest silver producer.
The Udaipur-based firm holds about 80 per cent of the rising zinc market within the nation.
