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Hindustan Zinc said its board will meet on Saturday, 8 July 2023, to consider interim dividend on equity shares, if any, for the Financial Year 2023-24. The record date for eligibility of interim dividend, if any so declared will be Saturday, 15 July 2023.
Hindustan Zinc, a Vedanta Group company, is an integrated producer of zinc, lead and silver. As of March 2023, Vedanta held 64.92% stake in the company. The company's consolidated net profit slipped 11.8% to Rs 2,583 crore on 3.3% decline in revenue to Rs 8,509 crore in Q4 FY23 over Q4 FY22.
The Vedanta Group company on 3 July 2023, announced that its mined metal production grew by 2% to 257,000 tonnes in Q1 FY24 as against 252,000 tonnes registered in Q1 FY23. The increase in the production was mainly driven by higher ore production largely at Rampura Agucha & Kayad mines supported by improved mined metal grades and better mill recovery.
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