Hindustan Zinc posts impressive Q2FY18 results

DSIJ Intelligence / 23 Oct 2017

Hindustan Zinc posts impressive Q2FY18 results

Total sales for this quarter, Q2FY18, came in at Rs. 5,309  crore . This represents a 16.02  per cent  sequential increase and 51.69  per cent  YoY increase. 

Hindustan Zinc Limited reported its results for the quarter ended June 30, 2017 during market hours on Monday.

Total sales for this quarter, Q2FY18, came in at Rs. 5,309  crore . This represents a 16.02  per cent  sequential increase and 51.69  per cent  YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 3,024 crore and the EBIT margin stood at 56.96  per cent .

In terms of the bottom-line, the company reported a PAT figure of Rs. 2,476.8 crore, which represents a sequential QoQ increase of 32.03  per cent  and a YoY increase of 30.22  per cent .

The board has declared an interim dividend of 100% that is Rs. 2 per share.

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