The company's net profit shot up 67% year-over-year to ₹5,033 crore, outpacing analyst predictions. Revenue jumped 49% to ₹13,544 crore and EBITDA grew by 60%.
Even with these big wins on paper, Hindustan Zinc's stock actually dipped 2.8% on April 24 and is down nearly 6% so far this year.
Vedanta still holds the majority stake.