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Hindustan Zinc reports 35% fall in Q2 consolidated net profit

20 Oct 2023 Evaluate

Hindustan Zinc has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 35.21% fall in its net profit at Rs 1737 crore for the quarter under review as compared to Rs 2681 crore for the same quarter in the previous year. Total income of the company decreased by 19.30% at Rs 7023 crore for Q2FY24 as compared Rs 8703 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 35.49% fall in its net profit at Rs 1729 crore for Q2FY24 as compared to Rs 2680 crore for the same quarter in the previous year. Total income of the company decreased by 19.41% at Rs 7014 crore for Q2FY24 as compared Rs 8703 crore for the corresponding quarter previous year.

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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