Hindustan Zinc, an integrated mining and resources producer, said Wednesday the board of directors of the company has declared interim dividend for the financial year 2014-15. The board approved dividend of Rs. 1.90 or 95% a share of Rs 2 each.
Recently, the company has posted a net profit of Rs 16176.70 million for the quarter ended June 30, 2014 as compared to Rs 16604.50 million for the quarter ended June 30, 2013. Total income has increased from Rs 36044.40 million for the quarter ended June 30, 2013 to Rs 37245.60 million for the quarter ended June 30, 2014.
Shares of the company declined Rs 0.1, or 0.06%, to trade at Rs 162.10. The total volume of shares traded was 252,586 at the BSE (1.44 p.m., Wednesday).