financetom
Business
financetom
/
Business
/
Hindustan Zinc Q3 net profit rises 36% to Rs 2,200 cr
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hindustan Zinc Q3 net profit rises 36% to Rs 2,200 cr
Jan 20, 2021 7:14 AM

Vedanta Group firm Hindustan Zinc Ltd on Wednesday reported a 35.8 percent rise in net profit at Rs 2,200 crore for the quarter ended December.

The company had posted a net profit of Rs 1,620 crore in the corresponding quarter of the previous fiscal, Hindustan Zinc said in a filing to BSE.

During the October-December period, the company's total income increased to Rs 6,483 crore, over Rs 5,117 crore period in the year-ago period, the filing said.

Commenting on the result, the company's CEO (chief executive officer) Arun Mishra said: "We have delivered record production volumes yet again despite a challenging operating environment due to COVID-19."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MercadoLibre's fintech arm applies for banking license in Mexico
MercadoLibre's fintech arm applies for banking license in Mexico
Sep 26, 2024
MEXICO CITY (Reuters) - Latin American e-commerce giant MercadoLibre's ( MELI ) fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday. The application to the National Banking and Securities Commission (CNBV) was sent earlier this month, Mercado Pago said in a statement. In May, Mercado Pago said it...
Top Midday Gainers
Top Midday Gainers
Sep 26, 2024
01:21 PM EDT, 09/25/2024 (MT Newswires) -- Nano Dimension ( NNDM ) agreed to acquire Markforged Holding ( MKFG/WS ) in an all-cash deal for $5 per share with a total value of $115 million, the companies said Wednesday. Shares of Markforged ( MKFG/WS ) surged 69% as intraday trading volume climbed to more than 3.4 million from a daily...
American Express Unusual Options Activity
American Express Unusual Options Activity
Sep 26, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on American Express ( AXP ). Looking at options history for American Express ( AXP ) we detected 55 trades. If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 34% with...
Meta bulks up AI offerings, including chatbot, at Connect event
Meta bulks up AI offerings, including chatbot, at Connect event
Sep 26, 2024
* Meta expected to preview first true AR glasses at Connect conference * AI updates include celebrity voices for Meta's chatbot * First commercial AR glasses expected to ship in 2027, source says By Katie Paul MENLO PARK, California, Sept 25 (Reuters) - Meta Platforms ( META ) expanded its bet on artificial intelligence, announcing a raft of new product...
Copyright 2023-2026 - www.financetom.com All Rights Reserved