Hindustan Zinc Ltd. reported earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations of $34,100 million compared to $31,400 million a year ago. EBITDA was $18,280 million compared to $15,060 million a year ago. Profit after taxes was $17,230 million or $4.08 per share compared to $16,130 million or $3.82 per share a year ago. The positive impact of higher EBITDA was partly offset by lower other income and higher tax during the quarter.

For nine months, the company reported net sales/income from operations of $98,700 million compared to $86,750 million a year ago. EBITDA was $52,380 million compared to $44,190 million a year ago. Profit after taxes was $50,230 million or $11.89 per share compared to $47,340 million or $11.20 per share a year ago.

Mined metal production was 220,126 MT in third quarter of 2014, as compared with 232,926 MT a year ago.

For the nine month period, mined metal production was 679,597 MT as compared to 610,059 MT in the corresponding prior period. This is the high ever mined metal production for the nine month period and was driven by higher production at Rampura Agucha and Zawar mines.

The company expect mined metal production of 900,000 MT in Fiscal Year 2014 reflecting slower than expected ramp up of underground mining projects and some change in mining sequence wherein preference has been given to primary mine development during this period. Integrated saleable silver production is projected to be in the range of 290 - 300 MT in Fiscal Year 2014.