Hindustan Zinc Q2 net profit rises 33% to Rs 2,680 crore; revenue up 36%

Hindustan Zinc, a Vedanta group company, on Friday reported a consolidated net profit of Rs 2,680 crore, up nearly 33 per cent as compared to Rs 2,017 crore in the corresponding quarter of the previous fiscal.

Shares of Hindustan Zinc were up 0.88 per cent to Rs 280 apiece on the BSE at the close of trade on Friday. 

The company's revenue from operations grew by over 36 per cent to Rs 8,336 crore, on account of higher refined metal and silver volumes, gain from strategic hedging and zinc prices. Revenue in the year-ago period stood at Rs 6,122 crore.