Vedanta posts Q4 net profit of ₹1,369 crore
Millennium Post Delhi|April 26, 2024
Anil Agarwal led Vedanta Ltd on Thursday reported a 27.2 per cent decline in consolidated net profit to Rs 1,369 crore for the March quarter on account of a one-time impairment of Tuticorin asset.
Vedanta posts Q4 net profit of ₹1,369 crore

The company had posted a consolidated net profit of Rs 1,881 crore in the year-ago period, Vedanta said in a filing to the BSE.

The consolidated income of the company in the January-March period dropped to Rs 36,093 crore as against Rs 38,635 crore in the year-ago period.

"Driven by operational excellence, Vedanta achieved outstanding financial results, marking the second highest annual revenue and EBITDA in our history, reaching Rs 1,41,793 crore and Rs 36,455 crore, respectively.

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