Q4 EBITDA at Rs 74 bn(up110% YoY)was broadly in line with our and Bloomberg consensus estimates. Theincrease was mainly due to (a) higher Zinc LME priceat USD 2,775(up 65% YoY) and higher zinc volume at Hindustan Zinc at 260kt (up 35% YoY),(b)higher aluminum production at 353kt (up 56% YoY)