Continued strength in demand and a potential upturn in zinc prices could help the company reap rich rewards, with Nuvama Institutional Equities expecting Ebitda to increase by 20% in FY25 and FY26.
Zinc COP for the quarter was 15% down as compared to last year, the company is now looking to adopt alternate fuel innovation and increase focus towards operational efficiencies to control the costs.
Hindustan Zinc is the world s second largest integrated zinc producer and fifth largest silver producer. "There is an optimism of continued stable performance from the company in the coming quarters," Hindustan Zinc CEO Arun Misra said.