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Vedanta Ltd Q2FY24; 6% rise in Revenue

Vedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE. Its other businesses includes commercial power generation, steel manufacturing & port operations in India and manufacturing of glass substrate in South Korea and Taiwan.

Financial Results:

Vedanta Ltd reported Revenues for Q2FY24 of ₹38,945.00 Crores up from ₹36,654.00 Crore year on year, a rise of 6.25%.

Total Expenses for Q2FY24 of ₹32,631.00 Crores down from ₹33,221.00 Crores year on year, a fall of 1.78%.

Consolidated Net Profit of -₹915.00 Crores from ₹2,687.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹4.80, from ₹4.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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