Hindustan Zinc Q4 net profit up 8% to Rs 2,149 cr

Hindustan Zinc Q4 net profit up 8% to Rs 2,149 cr

FPJ BureauUpdated: Friday, May 31, 2019, 04:06 PM IST
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New Delhi: Hindustan Zinc Ltd (HZL) reported a 7.59 % increase in net profit to Rs 2,149.13 crore for the March quarter. The NRI billionaire Anil Agarwal-led firm had clocked a net profit of Rs 1,997.44 crore in the year-ago quarter, it said in a regulatory filing.

Total income  fell 20.07 % to Rs 3,132.39 crore in January-March quarter of the last fiscal.

Hindustan Zinc Chairman Agnivesh Agarwal said: “While the year witnessed volatile commodity prices and depressed market sentiments in general, Hindustan Zinc continued to outperform its previous operational records as well as generate unparalleled value for shareholders consistently,” he added.

The company during the quarter had record integrated silver metal production at 122 million tonnes (MT), 65 per cent on year-on-year basis.

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