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Hindustan Zinc reports 6% fall in Q3 consolidated net profit

19 Jan 2024 Evaluate

Hindustan Zinc has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 5.52% fall in net profit at Rs 2,038 crore for the quarter ended December 31, 2023 as compared to Rs 2,157 crore for the same quarter in the previous year. Total income of the company decreased by 7.30% at Rs 7,615 crore for Q3FY24 as compared Rs 8,215 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 5.94% fall in its net profit at Rs 2,028 crore for Q3FY24 as compared to Rs 2,156 crore for the same quarter in the previous year. Total income of the company decreased by 7.40% at Rs 7,606 crore for Q3FY24 as compared Rs 8,214 crore for corresponding quarter of the 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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