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Hindustan Zinc’s Q4 net profit dips by 13%

22 Apr 2014 Evaluate

Hindustan Zinc has reported results for the fourth quarter and year ended March 31, 2014

The company has posted a fall of 13.14% in its net profit at Rs 1,881.20 crore for the quarter ended March 31, 2014 as compared to Rs 2,165.81 crore for the same quarter in the previous year. Total income of the company has decreased by 1.81% at Rs 4,231.34 crore for quarter under review as compared to Rs 4,309.69 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a marginal rise of 0.07% in its net profit at Rs 6,904.62 crore as compared to Rs 6,899.48 crore for the same period in the previous year. Total income has increased by 5.66% at Rs 15,535.43 crore for year under review as compared to Rs 14,703.03 crore for the period ended March 31, 2013.

Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 212.80
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