Hindustan Zinc reports PAT of Rs1,765cr for Q1FY20; down 8% yoy

Revenue fell to Rs4,924cr from Rs5,258cr a year ago, mainly due to a decline in income from the "Zinc, Lead & Others" segment.

Jul 19, 2019 10:07 IST India Infoline News Service

Hindustan Zinc
Hindustan Zinc reported its Q1FY20 earnings just before the close of market hours.

Its net profit in the quarter declined 8% to Rs1,765cr from Rs1,918cr yoy.

Revenue fell to Rs4,924cr by 6% yoy from Rs5,258cr a year ago, mainly due to a decline in income from the "Zinc, Lead & Others" segment.

Production Highlights:

Refined metal production was up 3% yoy to 219kt.
Silver production was up 15% yoy to 159MT.
Mined metal production rose 1% yoy to 213kt.

Hindustan Zinc Ltd is currently trading at Rs218.95 down by Rs6.05 or 2.69% from its previous closing of Rs225 on the BSE.
The scrip opened at Rs229.80 and has touched a high and low of Rs229.80 and Rs217.95 respectively. So far 11,79,062 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs95,069.68cr.

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