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Hindustan Zinc reports 30% fall in Q2 net profit

Hindustan Zinc has reported results for second quarter ended September 30, 2018.

The company has reported 29.76% fall in its net profit at Rs 1,815 crore for the quarter under review as compared to Rs 2,584 crore for the same quarter in the previous year. Total income of the company decreased by 10.52% at Rs 5,171 crore for Q2FY19 as compared Rs 5,779 crore for the corresponding quarter previous year.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan.