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Hindustan Zinc Limited Results For The First Quarter Ended 30 June 2011

Stocks in this article: SLT

Hindustan Zinc Limited (“HZL” or the “Company”) today announced its results for the first quarter (“Q1”) ended 30 June 2011.

Unaudited Financial Summary


( in Rs. Crore, except as stated)

Quarter Ended

30 June



  2011   2010   %

Net Sales/Income from operations


Refined Zinc




Refined Lead & concentrate




Refined Silver & payable Silver

content in Lead concentrate









Profit before depreciation & tax (PBDT)




Profit After Taxes 1,495 891 68%
Earnings Per Share (Rs.) 3.54 2.11 68%

Production – Mined Metal (tonnes)

Zinc & Lead 188,403 181,930 4%
Production – Refined Metal (tonnes)





Lead (1)




Silver (kg) (2) 46,782   43,309   8%

(1) Including captive consumption of 1,391 tonnes in Q1 FY2012 vs. 1,166 tonnes in Q1 FY2011.

(2) Including captive consumption of 7,196 kg in Q1 FY2012 vs. 6,133 kg in Q1 FY2011

Operational Performance

Mined metal production was higher by 4% at 188,000 tonnes in Q1, compared with the corresponding prior quarter. Higher contributions from Sindesar Khurd mine was offset by the volume loss due to an unplanned shutdown at Rampura Agucha mine. We expect to recover the shortfall in production volume at Rampura Agucha during rest of the year.

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