Vedanta Q2 Results: Profit zooms 78% YoY to Rs 6,202 crore; revenue surges 57%
Vedanta Q2 Results: Vedanta Ltd reported a 78% year-on-year rise in consolidated net profit to Rs 6,202 crore in the September quarter, while revenue increased 57% to Rs 26,356 crore. EBITDA more than doubled to Rs 9,938 crore, with margins improving to 60%. Higher commodity prices and increased production supported earnings, while net debt fell by...
Key Takeaways
- Vedanta Q2 Results: Vedanta Ltd reported a 78% year-on-year rise in consolidated net profit to Rs 6,202 crore in the September quarter, while revenue increased 57% to Rs 26,356 crore.
- EBITDA more than doubled to Rs 9,938 crore, with margins improving to 60%.
- Higher commodity prices and increased production supported earnings, while net debt fell by Rs 4,624 crore to Rs 3,675 crore during the quarter.
Vedanta Q2 Results: Vedanta Ltd reported a 78% year-on-year rise in consolidated net profit to Rs 6,202 crore in the September quarter, while revenue increased 57% to Rs 26,356 crore. EBITDA more than doubled to Rs 9,938 crore, with margins improving to 60%. Higher commodity prices and increased production supported earnings, while net debt fell by Rs 4,624 crore to Rs 3,675 crore during the quarter.
Original Publisher Attribution
This summary was curated from Economic Times.