Hindustan Zinc has reported results for first quarter ended June 30, 2015.
The company has reported 18.74% rise in its net profit at Rs 1920.80 crore for the quarter ended June 30, 2015 as compared to Rs 1617.67 crore for the same quarter in the previous year. The company’s total income has increased by 12.60% to Rs 4193.89 crore for the quarter under review from Rs 3724.56 crore for the corresponding quarter of the previous year.
During the previous year, with effect from April 01, 2014, the company had revised the estimated useful lives of fixed assets. The said changes in the estimates of useful lives of assets with effect from April 01, 2014, was impacted in the previous quarter ended March 31, 2015 whereby the Company adjusted excess depreciation of Rs 180.59 crore. Consequently, the figures in respect of the depreciation charge for the quarter ended June 30, 2015 / previous quarters/year presented are not directly comparable.
| Company Name | CMP |
|---|---|
| Hindalco | 1038.95 |
| Vedanta | 787.60 |
| Hindustan Zinc | 592.35 |
| Jain Resource Recycl | 420.90 |
| Gravita India | 1639.80 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: