Vedanta Q4 Net Profit Drops 27% - Business News
Apr 25, 2024 16:15
Vedanta Ltd reported a 27.2% decline in consolidated net profit to Rs 1,369 crore for the March quarter. The company's consolidated income also dropped.
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New Delhi, Apr 25 (PTI) 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.
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