Vedanta's net profit falls 18.3% in Q3
Financial Express Mumbai|January 26, 2024
MINING MAJOR VEDANTA (VEDL) has posted an 18.3% fall in its consolidated net profit at ₹2,013 crore for the quarter ended December,influenced by weak prices of zinc and aluminium and higher finance costs.
RAJESH KURUP

However, the company's net profit exceeded street estimates, reaching ₹1,049 crore. In comparison, the company had posted a net profit of ₹2,464 crore in the year-ago quarter.

VEDL's-led by billionaire Anil Agarwal-saw a 4.2% increase in revenue to ₹35,541 crore from ₹34,102 crore recorded during the same year-ago period.

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