Hindustan Zinc has announced its results for the quarter ended December 2010. It has reported net profit at Rs 1,289 crore as against Rs 1,149 crore, a growth of 12.18% on Year-on-Year basis.
Net sales jumped 17.3% to Rs 2,601 crore from Rs 2,217 crore. Other income went up to Rs 184 crore from Rs 153.7 crore.
The company approved bonus issue in the ratio of 1:1 (one share for every one share held) and also sub division of equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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