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20-Apr-2024

Hindustan Zinc

NP down 21%


'Consolidated net sales (including other operating income) of Hindustan Zinc has declined 11.28% to Rs 7549 crore during Q4FY24 compared to Q4FY23.  Sales of Zinc,Leadand Silver segment has gone down 12.02% to Rs 7,262.00 crore (accounting for 99.68% of total sales).  Sales of Wind Energy segment has gone down 14.81% to Rs 23.00 crore (accounting for 0.32% of total sales).

Revenue from operations during the quarter was up 3% q-o-q on account of better zinc volumes partly offset by lower lead & silver volumes, and lower metal prices. The revenue plunged by 11% y-o-y on account of significantly lower zinc & lead prices and lower lead volume, partly offset by increased zinc & silver volumes, silver prices and favourable exchange rates.

Profit before interest, tax and other unallocable items (PBIT) has slumped 17.26% to Rs 2,746.00 crore.  PBIT of Zinc,Leadand Silver segment f...



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