'Net
sales (including other operating income) of Hindustan Zinc has declined 4.42%
to Rs 7771 crore on account of lower volumes and lower zinc and lead commodity
prices partly offset by higher silver prices, stronger dollar, and higher
by-product realisations.. Sales of Zinc,
Lead and Silver segment has gone down 3.90% to Rs 7,542.00 crore (accounting
for 99.35% of total sales). Sales of
Wind Energy segment has gone up 8.89% to Rs 49.00 crore (accounting for 0.65%
of total sales).
The
company clocked the lowest-ever 1Q zinc COP since underground transitioning,
which stood at US$ 1,010 per tonne, better 9% YoY driven by improved metal
grades, better domestic coal and renewable energy consumption, higher
by-product realisations, and softened input commodity prices partly offset by
lower volume.
Profit
before interest, tax and other unallocable items (PBIT) has slumped 4.74% to Rs
2,...
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