Friday, July 22, 2011

Hindustan Zinc Q1 net profit up 68% to Rs 1,495 cr

Hindustan Zinc, a subsidiary of Vedanta Group, has reported nearly 68% jump in its first quarter FY12 net profit to Rs 1,495 crore against Rs 891 crore in the year ago period.

Net sales increased about 45% to Rs 2,821 crore from Rs 1,951 crore year-on-year.

Other income shot up 125% to Rs 355 crore in the quarter ended June 2011 against Rs 158 crore in same quarter the previous year.

EBITDA margin too improved to 56.5% versus 52.4% year-on-year.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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