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Hindustan Zinc reports 7% fall in Q2 net profit

21 Oct 2020 Evaluate

Hindustan Zinc has reported results for second quarter ended September 30, 2020.

The company has reported 6.78% fall in its net profit of Rs 1940 crore for the quarter under review as against net profit of Rs 2081 crore for the same quarter in the previous year. However, total income of the company increased by 18.60% at Rs 6050 crore for Q2FY21 as compared Rs 5101 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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