Hind Zinc Q4 net dips 25% to Rs 1,413 cr

Q4 total income down nearly 1% at 3,516 cr

Hindustan Zinc today announced its fourth quarter results and earnings for FY12.

While, net profit in the Jan-Mar quarter fell by 25.6% to Rs 1,412.8 crore comapared to the same period year ago.

The company's total income was down 0.8% at Rs 3,516 crore in the same period, versus Jan-Mar 2011. In 2011, the company had posted Q4 income of 3,545.8 crore.

In the year ended March 31, 2012, the company's net profit rose 11.3% to reach Rs 5,526 crore compared to Rs 4,900.4 crore in the same period last year.

Total income for the company in FY12 was up 15.8% at 12,948.1 crore as against 10,905.1 crore in the same period.

Hindustan Zinc Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 30, 2012 to July 06, 2012 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on July 06, 2012.

Hindustan Zinc's scrip gained Rs 127, up 95 paisa or 0.75% from previous day's close. Today, the stock had hit a high of Rs 128.20 intraday.