Hindustan Zinc second-quarter profit dives nearly 30 percent

(Reuters) - Hindustan Zinc Ltd reported a 29.8 percent fall in second-quarter profit on Monday, dented by higher expenses.

Net profit dropped to 18.15 billion rupees ($247.43 million) in the quarter ended Sept. 30, from 25.84 billion rupees a year earlier, the zinc miner said https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8b57d36-510e-4d45-8467-44c57ea74bc9.pdf.

Revenue from operations fell 10 percent to 47.77 billion rupees. However, mined metal production in the quarter rose six percent.

(Reporting by Tanvi Mehta in Bengaluru, Editing by Sherry Jacob-Phillips)