Performance from underground mines remained robust, attaining best ever ore and mined metal production during the year. However, the Company is deeply anguished to report an unfortunate accident at the project site post mill commissioning, where a rare crane collapse caused four fatalities of contractor employees.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. LLP have confirmed their eligibility.
Meaning of Internal Financial Controls over Financial Reporting A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
As required by section 3 of the Act, we report that: Additionally, we have an active green field exploration strategy to add new tenements. We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made thereunder.
Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects.
In making those risk assessments, the auditor considers internal financial control relevant to the Company's preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances.
Corporate Governance And Business Responsibility Report As a listed company, necessary measures are taken to comply with the listing agreements of the Stock exchanges. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Company's Directors, as well as evaluating the overall presentation of the financial statements.
Operational Performance Mined metal production wasMT, marginally higher from a year ago and the highest ever. We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made there under and the Order under section 11 of the Act.
No material discrepancies were noticed on such verification. The main shaft has sunk to its ultimate depth of 1, meter and off shaft development is currently underway, which also continues to be ahead of schedule. Zawar mines achieved record ore production of 2.
Global concerns around cheaper imports of steel and related value added products from China contained growth in domestic demand during the first half of the year, resulting in higher exports during that period.
However, having regard to the provisions of the first proviso to Section 1 of The Companies Act,the Annual Report excluding the aforesaid information is being sent to the Members of the Company.
Capital Employed The total capital employed as at March 31, was Rs. Our report expresses an unmodified opinion on the adequacy and operating effectiveness of the Company's internal financial controls over financial reporting.
The project capex on mining and smelter expansions is expected to be approximately USD million in FY Further the details are also available on the Company''s website: We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Ind AS financial statements.
The Company generated record 4, million units of power in FY as compared to 3, million units in FY We actively encourage their development and support them in pursuing their goals.Aug 24, · Kotak Securities recommended accumulate rating on Hindustan Zinc with a target price of Rs in its research report dated August 23, Annual results of Hindustan Zinc Ltd., including the company's sales and net profits report for the entire year or last 12 months palmolive2day.com://palmolive2day.com a report on practical training at hindustan zinc limited chanderia lead-zinc smelter chittorgarh (rajasthan).
Hindustan Zinc Limited Hindustan Zinc Limited was incorporated from the erstwhile Metal Corporation of India on 10 January as a Public Sector Undertaking%.
Its business is principally located in India. operates smelters using Roast Leach Electro-Winning (RLE) Department Of Chemical palmolive2day.com://palmolive2day.com /Hindustan-Zinc-Limited-Training-Report. Hindustan Zinc Limited (HZL) is an integrated mining and resources producer of zinc, lead, silver and cadmium.
It is a subsidiary of Vedanta Resources PLC. HZL is the world's second largest zinc producer. Its FY revenues were Rs 22, crore History. Hindustan Zinc Limited was incorporated from the erstwhile Metal Corporation of India on The most common zinc concentrate processed is zinc sulfide Zinc Smelting Zinc smelting is the process of recovering and refining zinc metal out of zinccontaining feed material such as zinc-containing concentrates or zinc oxides.
palmolive2day.com Training Report pressure die-casting and gravity-casting alloys. which is obtained by concentrating palmolive2day.com /Hindustan-Zinc-Limited-Training-Report.Download