Vedanta Q4 Net Profit Drops 27% To Rs 1,369 Crore – News18

Posted on April 25, 2024 by pankajdave

Vedanta Chairman Anil Agarwal Outlines $4 Billion Investment Plan to Double Oil Production - News18

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Vedanta has declared its Q4 FY24 financial results.

Vedanta’s 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

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. The company had posted 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.

Vedanta Ltd, a subsidiary of Vedanta Resources, is a diversified global natural resources company with operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, aluminium and power across India, South Africa, and Namibia.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi…Read More

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