<p>Hindustan Zinc Ltd (HZL) on Friday reported an 11.78 per cent fall in its consolidated net profit at Rs 2,583 crore for the fourth quarter of 2022-23 on account of higher expenses.</p>.<p>The company clocked Rs 2,928 crore net profit in the January-March period of the preceding 2021-22 fiscal, HZL said in a regulatory filing.</p>.<p>Its total income also declined to Rs 8,863 crore from Rs 9,074 crore in the year-ago period.</p>.<p>The company's expenses stood at Rs 5,358 crore, higher than Rs 4,717 crore a year ago.</p>.<p>"The Board on the recommendation of nomination and remuneration committee and audit & risk management Committee had approved the appointment of Sandeep Modi currently Interim CFO as Chief Financial Officer (KMP) of the Company w.e.f. April 21, 2023," the filing said.</p>.<p>Vedanta Group company Hindustan Zinc is the world's second-largest integrated zinc producer and fifth-largest silver producer.</p>
<p>Hindustan Zinc Ltd (HZL) on Friday reported an 11.78 per cent fall in its consolidated net profit at Rs 2,583 crore for the fourth quarter of 2022-23 on account of higher expenses.</p>.<p>The company clocked Rs 2,928 crore net profit in the January-March period of the preceding 2021-22 fiscal, HZL said in a regulatory filing.</p>.<p>Its total income also declined to Rs 8,863 crore from Rs 9,074 crore in the year-ago period.</p>.<p>The company's expenses stood at Rs 5,358 crore, higher than Rs 4,717 crore a year ago.</p>.<p>"The Board on the recommendation of nomination and remuneration committee and audit & risk management Committee had approved the appointment of Sandeep Modi currently Interim CFO as Chief Financial Officer (KMP) of the Company w.e.f. April 21, 2023," the filing said.</p>.<p>Vedanta Group company Hindustan Zinc is the world's second-largest integrated zinc producer and fifth-largest silver producer.</p>