'Consolidated
net sales (including other operating income) of Hindustan Zinc has declined
7.07% to Rs 7310 crore in Q3FY24 compared to Q3FY23. Sales of Zinc,Leadand Silver segment has gone
down 7.45% to Rs 7,046.00 crore (accounting for 99.70% of total sales). Sales of Wind Energy segment has gone up
40.00% to Rs 21.00 crore (accounting for 0.30% of total sales).
Revenue
from operations during the quarter was up 8% q-o-q on account of better zinc
& silver volumes, higher zinc prices and favourable exchange rates partly
offset by lower lead prices and volumes. The revenue witnessed a decline of 7%
y-o-y on account of significantly lower zinc prices, lower zinc volumes and
strategic hedging impact in base period partly offset by increased silver &
leads volumes and prices and favourable exchange rates.
Profit
before interest, tax and other unallocable items (PBIT) has slumpe...
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