Hindustan Zinc Q3 Profit Jumps 47%, Margins Improve; Stock Rockets

• Hindustan Zinc reported a 47% year-on-year increase in net profit to Rs 3,879 crore for the December quarter.
• EBITDA rose 34.7% to Rs 6,005 crore, surpassing market estimates of Rs 5,614 crore.
• EBITDA margin improved by 300 basis points to 55%, up from 52% in the previous year.
• Saleable metal production increased by 4% to 270 kilo tonnes, but silver output slightly declined by 1% to 158 tonnes.
• Shares surged 3.7% to Rs 661.40 after results, with a 42% return over the last 12 months.

Why It Matters: Hindustan Zinc delivered strong Q3 results with significant profit and margin growth, boosting its stock.