Hindustan Zinc's net profit has zoomed 270 per cent at Rs 138.4 crore in the third quarter ended December 31, 2003, against a net profit of Rs 37.4 crore in the corresponding period of the previous year. | |
| Turnover for the quarter rose 61.4 per cent at Rs 497.7 crore (Rs 308.3 crore). |
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| Industry analysts said that the surge in the company's net profit is on the back of a steep rise in global zinc prices in the last few months. Depreciation costs have declined 8.5 per cent to Rs 17.7 crore (Rs 16.3 per cent). |
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| For the nine months between April 2003 to December 2003, the company's net profit increased 235 per cent at Rs 318.7 crore, against a net profit of Rs 95 crore in the corresponding period of the previous year. |
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