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Hindustan Zinc Q2FY25 results: Net profit rises 34.5% to Rs 2,327 crore

Business Standard LogoBusiness Standard8h ago

Hindustan Zinc Q2FY25 results: Net profit rises 34.5% to Rs 2,327 crore - Business Standard

Quick Summary:

Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 34.5 per cent rise in consolidated net profit at Rs 2,327 crore for the quarter ended September 30, 2024, on the back of higher income.

The board in its meeting held on Friday approved the investment of Rs 327 crore for minimum 26 per cent equity stake in Serentica Renewable India Private Ltd (SRIPL) or its affiliates.

The income of the company in the July-September period rose to Rs 8,522 crore from Rs 7,014 crore in the corresponding quarter of the previous fiscal, HZL said in a filing to BSE.


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Category: BusinessFinance

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News Sentiment: Neutral

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Published On: 2024-10-18 @ 15:30:23 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 352 words

Reading Time: 2 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 23117854

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