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Hindustan Zinc, a leading zinc and lead producer, announced a significant surge in its net profit for the second quarter of fiscal year 2025 (Q2FY25). The company's net profit jumped by 34.5% year-on-year to Rs 2,327 crore, indicating a robust performance during the quarter. This impressive growth was fueled by a healthy increase in revenue and production volumes.
The company's revenue for the quarter climbed by 13.8% year-on-year to Rs 7,281 crore, demonstrating strong demand for its products. Hindustan Zinc's zinc production also experienced a notable rise, increasing by 12% year-on-year to 230,000 tonnes. This production growth reflects the company's commitment to efficient operations and its ability to cater to the rising demand for zinc.
The strong performance of Hindustan Zinc in Q2FY25 is attributed to various factors, including favorable market conditions, cost optimization initiatives, and strategic investments in capacity expansion. The company's focus on operational efficiency and technological advancements has enabled it to maintain a competitive edge in the industry.
Source: Hindustan Zinc Q2FY25 results: Net profit rises 34.5% to Rs 2,327 crore