Vedanta Reports Flat Growth In Profit at ₹2,173 Crore In Q3
Vedanta has reported a marginal 1 percent year-on-year (YoY) rise in profit after tax (PAT) at ₹2,173 crore for December quarter. On sequential basis, profit growth came in at 7 percent, the company said in a BSE filing.
The company had reported ₹2,148 crore profit in the corresponding quarter in the previous fiscal.
Revenue for the quarter rose 19 percent YoY to ₹24,361 crore. Ebitda margin came in at 35 percent.
The company has reported strong free cash flow of ₹4,662 crore in the first nine months of the financial year. During the period, the company managed to cut gross debt reduced by ₹11,450 crore. Gross debt stood at ₹55,218 crore as on December 31, 2017.
Diese Geschichte stammt aus der February 2018-Ausgabe von Steel Insights.
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Diese Geschichte stammt aus der February 2018-Ausgabe von Steel Insights.
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