img

News Topical, Digital Desk : At the same time, quarterly earnings declined by 4.4% to ₹ 7,771 crore, slightly lower than the market expectation of ₹ 7,850 crore. EBITDA margin strong The company's operating profit (EBITDA) was also slightly below estimates at ₹ 3,859 crore, down 2.2% compared to last year. Nevertheless, EBITDA margin remained strong and was recorded at 49.7%, which is better than the 48.5% of the previous quarter and above the estimated 49.1%. Hindustan Zinc shares closed at ₹ 435.25 on the NSE around 2 pm on Friday, showing a decline of 0.42% after falling to ₹ 431.10 during the day's trading. The company's Q1 performance has been mixed, where margins remain better despite a slight decline in profit. Investors are keeping an eye on the company's business and market direction in the upcoming quarters.
 

 


 


Read More: Tata communication share price: Huge jump in shares, shares rose more than 3% after Q1 results

--Advertisement--