By Yi Wei Wong
Hindustan Zinc Ltd. said its third-quarter net profit rose, mostly due to higher metal sales.
The Indian miner said Wednesday that its net profit for the third quarter rose 36% to 22.00 billion Indian rupees ($300.6 million).
Revenue for the Indian miner rose 28% to INR59.15 billion in the period, it said.
Sales of silver soared 66%, while sales of zinc rose 21% and lead sales gained 25% from a year earlier during the quarter.
The Indian miner is continuing to use technology to increase efficiency in its mines and smelters, Chief Executive Arun Misra said.
Write to Yi Wei Wong at email@example.com
(END) Dow Jones Newswires