BusinessPhoto: Business StandardHindustan Zinc Profit Doubles to Rs 6,412 Crore on Higher Prices
Hindustan Zinc reported a more than twofold rise in quarterly net profit to Rs 6,412 crore for the quarter ending September 30, up from Rs 2,649 crore a year earlier. The Vedanta group company benefited from higher zinc and silver prices, increased production, and a net profit margin rise to 42%. Zinc production costs fell 29%, while silver production rose 20%.
Business Standard·