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Hindustan Zinc reports 34% rise in Q2 net profit

24 Oct 2017 Evaluate

Hindustan Zinc has reported results for second quarter ended September 30, 2017

The company has reported a rise of 33.81% in its net profit at Rs 2545 crore for the quarter under review as compared to net profit of Rs 1902 crore for the same quarter in the previous year. Total income of the company increased by 25.40% at Rs 5796 crore for Q2FY18 as compared Rs 4622 crore for the corresponding quarter previous year.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan.

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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