Hindustan Zinc FY06 net zooms 122%

Hindustan Zinc today posted a 122% increase in net profit at Rs 1,472 crore for the year ended March 31, 2006 when compared with Rs 661 crore in FY05.

According to a release issued by the company to the BSE today, total income increased to Rs 3,993 crore in FY06 from Rs 2,337 crore in FY05.

The company posted a net profit of Rs 802 in Q4FY06 when compared with 229 crore in Q4FY05. Total income increased to Rs 1,811 crore from Rs 761 crore in Q4FY05.

The board has recommended a dividend of 25% i.e. Rs 2.50 per share of Rs 10 each, the release added.