Vedanta Aluminium quarterly profit more than doubles on high prices, record production
Vedanta Aluminium reported a significant increase in its quarterly profit, which more than doubled from the previous year. The company's consolidated net profit rose to 51.67 billion rupees for the quarter ending September 30. Revenue from operations also increased by 40% during the same period, driven by elevated aluminium prices. Aluminium production hit a record of...
Key Takeaways
- Vedanta Aluminium reported a significant increase in its quarterly profit, which more than doubled from the previous year.
- The company's consolidated net profit rose to 51.67 billion rupees for the quarter ending September 30.
- Revenue from operations also increased by 40% during the same period, driven by elevated aluminium prices.
Vedanta Aluminium reported a significant increase in its quarterly profit, which more than doubled from the previous year. The company's consolidated net profit rose to 51.67 billion rupees for the quarter ending September 30. Revenue from operations also increased by 40% during the same period, driven by elevated aluminium prices. Aluminium production hit a record of 649,000 metric tons, up 5% from last year.
Original Publisher Attribution
This summary was curated from Economic Times.