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Hindustan Zinc Q4 profit down 18% to Rs 2,505 crore

Hindustan Zinc Q4 profit down 18% to Rs 2,505 crore
New Delhi: Vedanta group firm Hindustan Zinc's net profit fell 18 per cent to Rs 2,505 core in the quarter ended March 2018 mainly on account of lower revenues.
The company's net profit in the corresponding quarter was Rs 3,057 crore, a Hindustan Zinc Ltd statement said.
Total income of the company in the fourth quarter came down to 6,763 crore from Rs 7,237 crore in the same period a year ago.
During the quarter under review, revenue from zinc and other metal dipped to Rs 5,547 crore from Rs 6,107 crore in the same period year ago. Its revenue from wind energy too declined to Rs 22 crore in the quarter from Rs 29 crore a year earlier.
However, the revenue from silver metal increased to Rs 637 crore in the quarter from Rs 563 crore in January-March 2016-17.
PTI

PTI

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