HINDZINC Financial Result for the Quarter Ended December 31,2018

Hindustan Zinc Limited is an India-based company, which is engaged in the mining and smelting of zinc, lead and silver metal in India. The Company’s segments are Mining and smelting of zinc, lead and silver, and Wind energy. It has a metal production capacity of over one million tons per annum with its key lead-zinc mines in Rampura Agucha and Sindesar Khurd, and smelting complexes in Chanderiya and Dariba, all in the state of Rajasthan.

  •  Net Profit were Rs.2,211 Cr versus Rs.2,298 Cr (Y-o-Y)
  •  Revenue from Operation were Rs.5,540 Cr versus Rs.5,922 Cr (Y-o-Y)
  •  Total Income were Rs.6,090 Cr versus Rs.6,203 Cr (Y-o-Y)
  •  Management Comment:-
    Mr. Agnivesh Agarwal ( Chairman) said “The all-round performance of our underground mines has been gratifying. As our onging projects are approaching completion, we are set to reach design capacity of 1.2 million MT per annum in the coming quarters. Iam also delighted by the substantial increase in silver production which we we expect to continue next year as well”
  • Swayam Saurabh joins company, as Deputy CFO

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