Hindustan Zinc Q4 Results: Net profit falls 12% YoY to Rs 2,583 crore

Hindustan Zinc reported a 12% YoY fall in Q4 consolidated net profit to INR 2,583 crore ($360m) and a 4% fall in revenue to INR 8,281 crore due to lower zinc, lead and silver prices. The company achieved a record profit after tax (PAT) of INR 10,511 crore for the year and an increase in revenue of 16%. Hindustan Zinc has approved Sandeep Modi as the new chief financial officer of the company, effective 21 April. The company expects refined metal production in the range of 1,050-1,075 kt for FY24.