India's biggest zinc miner Hindustan Zinc Ltd posted a 42 percent jump in fourth-quarter net profit on Thursday, topping street estimates, helped by higher income from zinc production and an increase in metal prices. Net profit rose to Rs 3,057 crore ($473.2 million) for the January-March quarter from Rs 2,147 crore a year earlier. The profit growth is the biggest in at least nine quarters. Analysts on average had expected a net profit of Rs 2,852 crore, according to Thomson Reuters data. Total income rose 72.4 percent to Rs 7,237 crore. The LME zinc prices have risen ...
Hindustan Zinc Q4 profit jumps 42% to Rs 3,057 crore
The profit growth is the biggest in at least nine quarters
Reuters Last Updated at April 20, 2017 16:36 IST