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| Exchange Disseminated Time | Hindustan Zinc Ltd has announced the following Unaudited results for the quarter ended June 30, 2015:
The Company has posted a net profit of Rs. 19208.00 million for the quarter ended June 30, 2015 where as the same was at Rs. 16176.70 million for the quarter ended June 30, 2014. Total Income is Rs. 41938.90 million for the quarter ended June 30, 2015 where as the same was at Rs. 37245.60 million for the quarter ended June 30, 2014.
- During the previous year, with effect from April 01, 2014, the Company had revised the estimated useful lives of fixed assets. The said changes in the estimates of useful lives of assets with effect from April 01, 2014, was impacted in the previous quarter ended March 31, 2015 whereby the Company adjusted excess depreciation of Rs. 180.59 Crore. Consequently, the figures in respect of the depreciation charge for the quarter ended June 30, 2015 / previous quarters/year presented are not directly comparable. |
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