Hind Zinc Q3 net profit up 12.18%; co approves 1:1 bonus
Hindustan Zinc has announced its results for the quarter ended December 2010. It has reported net profit at Rs 1,289 crore as against Rs 1,149 crore, a growth of 12.18% on Year-on-Year basis.
January 19, 2011 / 15:30 IST
Hindustan Zinc has announced its results for the quarter ended December 2010. It has reported net profit at Rs 1,289 crore as against Rs 1,149 crore, a growth of 12.18% on Year-on-Year basis.
Net sales jumped 17.3% to Rs 2,601 crore from Rs 2,217 crore. Other income went up to Rs 184 crore from Rs 153.7 crore.The company approved bonus issue in the ratio of 1:1 (one share for every one share held) and also sub division of equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!