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Hindustan Zinc reports 3% fall in Q1 net profit

21 Jul 2014 Evaluate

Hindustan Zinc has reported results for first quarter ended June 30, 2014.

The company has reported 2.57% fall in its net profit at Rs 1617.67 crore for the quarter as compared to Rs 1660.45 crore for the same quarter in the previous year. However, total income of the company has increased by 3.33% at Rs 3724.56 crore for quarter under review as compared to Rs 3604.44 crore for the quarter ended June 30, 2013.

Hindustan Zinc manufactures three qualities of zinc -- special high grade zinc used in construction, infrastructure, household appliances etc; high grade zinc and prime western zinc. It manufactures silver used in photographic material, conductor, jewellery, etc.

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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