Hindustan Zinc Approves Rs 8,028 Crore Second Interim Dividend

Vedanta group firm Hindustan Zinc Ltd's board approved the second interim dividend of Rs 19 per share, amounting to Rs 8,028.11 crore, for the current financial year. The company saw a 19.3% rise in consolidated net profit for the June quarter FY25 and holds a dominant market position in India.

In a significant financial move, Vedanta group firm Hindustan Zinc Ltd has announced its board's approval for the second interim dividend of Rs 19 per share for the current fiscal year, which totals an impressive Rs 8,028.11 crore.

This decision was taken in a meeting held on Tuesday and follows the board's strategy to reward its shareholders handsomely, as confirmed in the company's recent filings to the BSE.

Notably, the first interim dividend in FY25 sees a marked increase as the company previously paid out Rs 5,493 crore in FY24 and a record Rs 32,000 crore in FY23. Hindustan Zinc Ltd continues to assert its market dominance, reporting a 19.3% hike in consolidated net profit for June quarter FY25.

(With inputs from agencies.)