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Hindustan Zinc to continue to discuss demerger proposal with govt: CEO

Hindustan Zinc to continue to discuss demerger proposal with govt: CEO
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Hindustan Zinc Q4 results: Profit tanks 21% to Rs 2,038 crore; stock reacts

Hindustan Zinc said the figures of the quarter ended March 31, 2024 and corresponding quarter ended March 31, 2023 were the balancing figures between audited figures for the full financial year ended March 31, 2024 and March 31, 2023 and nine months unaudited published figures up to December 31, 2023 and December 31, 2022 respectively.

Hindustan Zinc: Offer-for-sale for Hindustan Zinc likely in three months, says CEO

"An OFS was always on the cards, and it was to be done last year itself," Misra said in an exclusive interaction with ET. "The government is of the opinion that restructuring is not to be done now, and our opinion is that, in that case, the OFS should be done now," he said. Hindustan Zinc had proposed a corporate restructuring in September last year, where it looked to create three different entities for zinc and lead, silver and its recycling business.

Hindustan Zinc Q4 net profit declines 21% to ₹2,038 crore - The Hindu BusinessLine

Hindustan Zinc Q4 net profit declines 21% to ₹2,038 crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Hindustan Zinc s quarter net profit falls 26% to ₹2,038 cr amid low zinc prices

The company attributed this fall to lower zinc and lead prices with lower lead volumes, however, the company said higher zinc and silver volumes, silver prices, and favorable exchange rates partly offset this.

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