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Hindustan Zinc reports 15% rise in Q2 net profit

30 Oct 2019 Evaluate

Hindustan Zinc has reported results for second quarter ended September 30, 2019.

The company has reported 14.66% rise in its net profit at Rs 2081 crore for the quarter under review as compared to Rs 1815 crore for the same quarter in the previous year. However, total income of the company decreased by 1.43% at Rs 5101 crore for Q2FY20 as compared Rs 5175 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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