BHEL and Hindustan Zinc earned tremendous in the December quarter 2024-25. While BHEL has made his profit more than doubled, Hindustan Zinc has also given a strong performance of 32%.
BHEL: Graph of profit up
Government company BHEL made a net profit of Rs 134.70 crore in this quarter, which was just Rs 60.31 crore at the same time. Revenue also saw a good boom. This time the total income of the company was Rs 7,385 crore, compared to Rs 5,599.63 crore last year.
Hindustan Zinc: low cost, higher profits
Hindustan Zinc recorded a net profit of Rs 2,678 crore in October-December 2024. The company says this is the result of low cost and increased prices of zinc-silver. The company’s revenue also increased by 18% to Rs 8,315 crore. Although the production of zinc and lead remained stable at 259 thousand tonnes, zinc prices rose by 22% on London Metal Exchange (LME).
CFO Sandeep Modi of Hindustan Zinc said that this year capital expenditure will be Rs 1,500-1,600 crore. Also, the company is preparing to reduce its debt by Rs 2,300 crore by March, which was Rs 5,700 crore in September 2024.
Demker and future strategy
The company is preparing to divide its business into different units, but the government’s approval for this is awaited. Meanwhile, the company’s focus is on critical minerals. However, the project was canceled due to local opposition to Tungsten block in Tamil Nadu.
The company’s CEO Arun Mishra said, “Our foundation is strong. There is complete preparation to give great results in the fourth quarter. The target is to produce more than 1.2 million tonnes next year. ” The company is also planning to start its roster plant in this quarter.