Hindustan Zinc third-quarter profit slips about 4 percent
(Reuters) - India's Hindustan Zinc Ltd, a unit of Vedanta Ltd, posted a nearly 4 percent fall in third-quarter net profit on Thursday.
Net profit was 22.30 billion rupees ($349.48 million) in the three months ended Dec. 31, compared with 23.20 billion rupees a year earlier, the country's biggest zinc miner said in a statement. http://bit.ly/2FP6axa
Total income rose 4.1 percent to 62.20 billion rupees, while total expenses increased 2 percent.
Mined metal production declined 13 percent to 240 kilotonnes from a year earlier.
($1 = 63.8100 Indian rupees)
(Reporting by Vishal Sridhar in Bengaluru; Editing by Vyas Mohan and Subhranshu Sahu)