Hindustan Zinc net profit drops 33 pc to Rs 1,339 cr in Mar quarter

Vedanta group firm Hindustan Zinc Ltd (HZL) on Thursday reported a 33.4 per cent decline in net profit to Rs 1,339 crore for the quarter ended March 31.

The company had posted a net profit of Rs 2,012 crore in the corresponding quarter of 2018-19, Hindustan Zinc Ltd said in a filing to the BSE.

Its total income declined to Rs 4,861 crore in the January-March quarter, compared with Rs 6,030 crore in the year-ago period.

HZL Chief Executive Officer Sunil Duggal said, "Industrial activity across the globe is undergoing a level of disruption never seen since the Second World War. In these challenging times, our focus is business continuity and safety of people and operations and supporting our communities affected by the pandemic."