Vedanta Resources group company Hindustan Zinc today said its net profit surged over two-fold to Rs 1,238.99 crore for the fourth quarter ended March 31, 2010.
Income from operations rose to Rs 2,498.47 crore for the fourth quarter ended March 31, compared to Rs 1,262.68 crore for the same period last fiscal, Hindustan Zinc said in a filing to the Bombay Stock Exchange (BSE).
For the year ended March, 2010, the country's largest zinc producer posted a net profit of Rs 4,041.41 crore, compared to Rs 2,727.61 crore in the last fiscal.
The company recommended a dividend of 60 per cent or Rs 6 per share.
Shares of Hindustan Zinc today closed at Rs 1,231.85 on BSE, up 0.66 per cent from its previous close.
