Hindustan Zinc Limited: Results for the Third Quarter and Nine Months Ended December 31, 2017

MUMBAI, India, Jan. 18, 2018

Highlights for the quarter

• Mined metal production at 240kt, up 10% q-o-q and down 13% y-o-y
• Refined zinc-lead metal production at 245kt, up 7% q-o-q and flat y-o-y
• Refined silver production at 132 MT, down 6% q-o-q and up 12% y-o-y
• EBITDA at Rs. 3,261 Crore; up 7% q-o-q and 18% y-o-y 

Highlights for 9M

• Mined metal production at 693kt, up 16% y-o-y
• Refined zinc-lead metal production at 704kt, up 28% y-o-y
• Refined silver production at 387 MT, up 24% y-o-y
• EBITDA at Rs. 8,717 Crore; up 46% y-o-y 

Hindustan Zinc Limited today announced its results for the third quarter and nine months ended December 31, 2017.

Mr. Agnivesh Agarwal, Chairman –

"I am pleased to report that underground mines contributed to 85% of total production during the year so far, underpinning our successful transition to a fully underground mining company. In the six years of our transformational journey, we have consistently delivered higher production, profitability & record dividends, supported by increasing metal prices. The target of 1.2 million MT of mined metal production is now within our reach."