HZL profits fall 20% in Q4

Apr 25, 2012 | 05:00 AM |

Hindustan Zinc (HZL) posted a 20% decline in fourth-quarter net profit compared with the previous year on lower zinc and lead prices. Net profit for the quarter ended March 31 stood at Rs14.13 billion ($271.3 million) compared with Rs17.71 billion a year ago, the company, a subsidiary of Vedanta Resources, said. Revenues in the....

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