Earnings Alerts

Hindustan Zinc (HZ) Earnings: 1Q Net Income Surges 20%, Beating Estimates

  • Hindustan Zinc’s net income for the first quarter is 23.6 billion rupees, up 20% year-over-year, exceeding the estimated 22.35 billion rupees.
  • Revenue for the first quarter is 78.9 billion rupees, which is an 11% increase year-over-year but slightly below the estimated 79.8 billion rupees.
  • Total costs for the quarter are 52.8 billion rupees, showing a 6.7% increase year-over-year.
  • Power and fuel expenses are 6.63 billion rupees, down 15% year-over-year but higher than the estimated 6.42 billion rupees.
  • Other income stands at 2.77 billion rupees, a decrease of 3.5% year-over-year.
  • Market recommendations include 1 buy, 3 holds, and 8 sells.

A look at Hindustan Zinc Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts are optimistic about the long-term outlook for Hindustan Zinc as indicated by its Smartkarma Smart Scores. The company scores high on factors like Dividend and Momentum, pointing to a strong performance in these areas. Hindustan Zinc specializes in mining and smelting non-ferrous metals like zinc and lead, with a product range that includes various metal derivatives. With a robust Dividend score of 5, investors can expect consistent returns in the form of dividends from this company.

Furthermore, Hindustan Zinc demonstrates Resilience and solid Growth potential, with scores of 4 and 3 respectively. This suggests that the company is well-positioned to weather economic uncertainties and has room for expansion. While the Value score is not as high, the overall combination of high scores in Dividend, Momentum, Resilience, and Growth bodes well for Hindustan Zinc‘s future performance in the market.

### Summary: Hindustan Zinc Limited specializes in the exploration, mining, and smelting of zinc, lead, and other non-ferrous metals, offering a range of metal products including zinc ore, lead zinc concentrate, and various metal derivatives. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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