India's Hindustan Zinc Q2 profit dives nearly 30 pct

Oct 22 (Reuters) - Hindustan Zinc Ltd reported a29.8 percent fall in second-quarter profit on Monday, dented byhigher expenses.

Net profit dropped to 18.15 billion rupees ($247.43 million)in the quarter ended Sept. 30, from 25.84 billion rupees a yearearlier, the zinc miner said.

Revenue from operations fell 10 percent to 47.77 billionrupees. However, mined metal production in the quarter rose sixpercent.

($1 = 73.3550 Indian rupees)

(Reporting by Tanvi Mehta in Bengaluru, Editing by SherryJacob-Phillips)

Messaging: tanvi.mehta.thomsonreuters.com@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Gold stocks reach new highs on metal price gain

Rise in gold stocks propels TSXV Mining

Market sees gold sector nearing full value overall after target upgrades

Gold stocks gain even as metal pulls back

Gold stocks rocket to new highs, valuations no longer inexpensive