Vedanta Q3 Net Profit Down 18% to Rs 2,013 Crore
By Rediff Money Desk, NEWDELHI Jan 25, 2024 16:19
Vedanta Ltd reported an 18.3% decline in net profit to Rs 2,013 crore in Q3 FY24. The company's revenue grew to Rs 36,320 crore.
![Vedanta Q3 Net Profit Down 18% to Rs 2,013 Crore](https://im.rediff.com/money/2015/jan/05anil.jpg)
Photograph: Rediff Archives
New Delhi, Jan 25 (PTI) Anil Agarwal-led Vedanta Ltd on Thursday reported an 18.3 per cent decline in consolidated net profit at Rs 2,013 crore for the third quarter ended December 2023.
The company had posted a consolidated net profit of Rs 2,464 crore in the year-ago period, according to a regulatory filing.
However, the company's consolidated income in the third quarter of the current fiscal increased to Rs 36,320 crore from Rs 34,818 crore in the same period a year ago.
Vedanta, a subsidiary of Vedanta Resources Ltd, is a diversified global natural resources company.
The company had posted a consolidated net profit of Rs 2,464 crore in the year-ago period, according to a regulatory filing.
However, the company's consolidated income in the third quarter of the current fiscal increased to Rs 36,320 crore from Rs 34,818 crore in the same period a year ago.
Vedanta, a subsidiary of Vedanta Resources Ltd, is a diversified global natural resources company.
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