Hindustan Zinc Quarterly Profit Rises 81%

Total income rose 61.2 percent to 55.43 billion rupees, while income from zinc operations rose 97 percent.

Hindustan Zinc Quarterly Profit Rises 81%
Hindustan Zinc Ltd, India's biggest zinc miner, posted an 81 percent jump in quarterly profit on Thursday, boosted by higher income from zinc operations and an increase in the metal prices.

Net Profit rose to Rs 1,876 crore in its fiscal first quarter ended June 30 from Rs 1,037 crore a year earlier, the company, which is a unit of Vedanta Ltd, said.

Total income rose 61.2 percent to 55.43 billion rupees, while income from zinc operations rose 97 percent.

LME zinc prices climbed about 31 percent in the year to June-end 2017.
© Thomson Reuters 2017


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