Hindustan Zinc Ltd (HZL) on Friday reported a 36.48 per cent fall in consolidated net profit to Rs 1,964 for the June 2023 quarter, mainly due to lower income. It had posted a consolidated net profit of Rs 3,092 crore in the first quarter of the previous fiscal, the company said in a BSE filing.
The consolidated total income in the April-June period also fell to Rs 7,564 crore against Rs 9,697 crore in the year-ago period, it added. Its expenses declined to Rs 4,954 crore compared to Rs 5,025 crore in April-June FY23.
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