INSUBCONTINENT EXCLUSIVE:
Vedanta Ltd owned Hindustan Zinc on Friday reported a consolidated net profit of Rs 2,234 crore for the first quarter ended June 2025,
reflecting a 4.7% year-on-year (YoY) drop compared to a profit of Rs 2,345 crore posted in the corresponding quarter of previous
year.Hindustan Zinc said its total revenue from operations for the June quarter of FY26 stood at Rs 7,771 crore, representing a year-on-year
fall of 4.4%, compared to revenue of Rs 8,130 crore reported in the June quarter of FY25
Sequentially, the company saw a sharper 14.5% revenue decline from the March 2025 quarter, when it had posted its best-ever quarterly
revenue of Rs 9,087 crore.The company said the revenue in the first quarter of FY26 saw a decline on account of "lower volumes and lower
commodity headwinds and a weaker dollar, our focus on sustainable and efficient production enabled us to deliver a consistent EBITDA margin
of 50%," said Sandeep Modi, Chief Financial Officer.For the June quarter, the consolidated total expenses came in at Rs 5,065 crore, down 4%
from the Rs 5,284 expenses reported in the June 2024 quarter.
Live EventsShares of Hindustan Zinc were down 0.9% on Friday at Rs 433 after
the earnings announcement.The stock has gained around 4% year-to-date and 7% over the past six months, but has shed 2% in the last two
weeks.Technical indicators point to persistent weakness
The stock is currently trading below all major simple moving averages, from the 5-day to the 200-day, indicating sustained bearish momentum
The Relative Strength Index (RSI) is at 43.5, placing it in neutral territory, while the MACD remains in negative territory at -8,
reinforcing the downtrend.Also read | Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record
dateThe subdued Q1 performance follows a strong showing in the March 2025 quarter, where the company posted a 47% year-on-year surge in net
profit to Rs 3,003 crore, boosted by higher metal prices, strong volumes, and lower production costs
Revenue in Q4 FY25 had jumped 20% year-on-year to Rs 9,087 crore, while EBITDA rose 32% to Rs 4,816 crore, with margins expanding by 500
basis points to 53%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own
These do not represent the views of TheIndianSubcontinent)
