Vedanta Limited is an Indian multinational mining company. The company is headquartered in Mumbai. It is incorporated in the year 1979. The founder is D.P.Agarwal. The products include Zinc, Crude oil, Iron ore, Steel, Aluminium, Copper and Electric power. The vision of Vedanta is to be the world’s largest and most admired Zinc-Lead & Silver Company. The company thrives to “Enhance stakeholder value through exploration, innovation, operational excellence, safety and sustainability. Be a globally lowest cost producer and Maintain market leadership and customer delight. It has its operations in India South Africa Namibia Ireland and Australia. Vedanta Limited is the Indian subsidiary of London listed Vedanta Resources Plc. Vedanta is an industrial giant in the mining sector. Its current market capitalisation stands at Rs 118169.76 Cr.Vedanta Limited is a subsidiary of Vedanta Resources Limited which is the framework of ESG leader in the natural resources sector.
Key Financial Highlights
In Rs Crore | Q4 FY22 | Q4 FY 21 |
Net Sales/Income from operations | 39,342 | 27,874 |
EBITDA | 13,768 | 9,107 |
Profit Before Tax | 10,195 | 5,743 |
Profit After Taxes | 7,261 | 7,629 |
Standalone Highlights
Quarterly revenue increased by 41% YoY to ₹ 39,342 crore.
Quarterly EBITDA grew 51% YoY to ₹ 13,768 crore.
PAT increased by 48% YOY to ₹ 7,570 crore.
In 4QFY22 Finance cost grew 1%YoY to ₹1,333 crore.
Effective Tax rate 28%.
Consolidated Highlights
Consolidated revenue increased by 51% YoY ₹ 131,192 crore.
EBITDA grew 66% YoY to ₹ 45,319 crore.
PAT improved by 95% YoY to ₹ 24,299 crore
Management Updates
Gross debt decreased by ₹3,919 crore YoY in FY22.
Net debt declined by ₹3,435 crore YoY in FY22.
Full-year dividend declared for Rs. 45 per share.
Business Updates
Vendanta has plans to invest usd 20 billion to enter semiconductor manufacturing.
Vedanta Limited had tied up with SBI for a syndicated facility of ₹10,000 crore .
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