Hindustan Zinc Reports Strong FY 2025 Results, Extends CEO's Tenure
The India-based mining giant saw a 33% increase in net profit to ₹10,353 crore for the year ended March 31, with board approving a one-year extension for CEO Arun Misra.
Hindustan Zinc Limited, India's largest integrated zinc producer, reported a 33% year-on-year increase in net profit to ₹10,353 crore for the fiscal year ended March 31, 2025, according to a regulatory filing on Friday.
The company's revenue from operations also showed significant growth, rising to ₹34,083 crore for FY25, up from ₹28,932 crore in the previous fiscal year. Total income, including other sources, reached ₹35,066 crore.
In the same meeting, the Board of Directors approved the extension of Arun Misra's tenure as CEO and Whole-time Director for one year, effective June 1, 2025, to May 31, 2026, subject to shareholder approval. Misra has held the position since August 2020 and was also appointed as an Executive Director at parent company Vedanta Limited in August 2023.
The board also appointed M/s Sanjay Grover & Associates as Secretarial Auditors of the company for a five-year period beginning FY 2025-26.
During the year, Hindustan Zinc declared a total interim dividend of ₹29 per share, amounting to ₹12,253 crore. The company's earnings per share increased to ₹24.50 for the year, compared to ₹18.36 in the previous fiscal year.
The quarterly results showed net profit for Q4 FY25 at ₹3,003 crore, up from ₹2,038 crore in the same quarter of the previous year. The company's operating margin improved to 41% for the full year, compared to 35% in FY24.
Hindustan Zinc, a subsidiary of Vedanta Limited, is one of the world's largest integrated producers of zinc and lead and a major silver producer. The company's financial results were audited by S.R. Batliboi & Co. LLP, who issued an unmodified opinion.
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