Hindustan Zinc Limited announced unaudited earnings and production results for the third quarter and nine months ended December 31, 2017. For the quarter, the company's revenue from operations (net of excise duty) was INR 59,220 million compared with INR 49,870 million a year ago. Profit before tax and exceptional item was INR 30,440 million compared with INR 28,680 million a year ago. Profit before tax was INR 30,440 million compared with INR 28,680 million a year ago. Net profit for the period was INR 22,300 million or INR 5.28 per basic and diluted share (not annualized) compared with INR 23,200 million or INR 5.49 per basic and diluted share (not annualized) a year ago. EBITDA was INR 32,610 million compared with INR 27,570 million a year ago.

For the nine months, the company's revenue from operations (net of excise duty) was INR 158,070 million compared with INR 110,180 million a year ago. Profit before tax and exceptional item was INR 84,940 million compared with INR 65,170 million a year ago. Profit before tax was INR 87,850 million compared with INR 65,170 million a year ago. Net profit for the period was INR 66,510 million or INR 15.74 per basic and diluted share (not annualized) compared with INR 52,590 million or INR 12.45 per basic and diluted share (not annualized) a year ago. EBITDA was INR 87,170 million compared with INR 59,640 million a year ago.

For the quarter, the company's mined metal production was INR 240,000 MT compared with INR 276,000 MT a year ago.

For the nine months, the company's mined metal production was INR 693,000 MT compared with INR 595,000 MT a year ago.

For fiscal year 2018, production guidance is reiterated with mined metal to be higher than fiscal year 2017, refined zinc metal of about 950,000 tonne, refined siolver metal of over 500 MT. Zinc COP is projected to be in the range of $950 to $975 per MT due to continued increase in commodity prices offsetting benefit of higher volume and cost efficiency measures. The company is on track to achieve 1.2 million MT per annum mined metal production capacity by fiscal year 2020.