Hindustan Zinc Q3 profit slips about 4% to Rs2,230 crore
Bengaluru: Hindustan Zinc Ltd, a unit of Vedanta Ltd, posted a nearly 4% fall in third-quarter net profit on Thursday.
Net profit was Rs2,230 crore ($349.48 million) in the three months ended 31 December, compared with Rs2,320 crore a year earlier, the country’s biggest zinc miner said in a statement.
Total income rose 4.1% to Rs6,220 crore, while total expenses increased 2%.
Mined metal production declined 13% to 240 kilotonnes from a year earlier. Reuters