{"id":134548,"date":"2022-06-06T05:30:00","date_gmt":"2022-06-06T09:30:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134548"},"modified":"2022-10-10T05:54:25","modified_gmt":"2022-10-10T09:54:25","slug":"vedanta-resources-fy22-revenue-rises-by-50","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/vedanta-resources-fy22-revenue-rises-by-50\/","title":{"rendered":"Vedanta Resources FY22 revenue rises by 50%"},"content":{"rendered":"\n<p>Vedanta Resources recorded net revenue of $17.6 billion in FY22 as compared to $11.7 billion in FY21 depicting a growth of 50% YoY. This was primarily driven by higher commodity prices, higher volumes of Aluminum, Copper,<br>Talwandi Sabo Power Limited(TSPL), Iron Ore Business(IOB) and Ferro Alloys Corporation Ltd(FACOR), increased premium at Aluminum and Hindustan Zinc Limited, rupee depreciation and partially offset by lower power sales at Vedanta Aluminum and Bharat Aluminum Company. While the company reported a net profit of $825 millions which was up by 172% as compared to $303 million in FY21.<\/p>\n\n\n\n<p>The company further reported an all time high consolidated EBITDA at $6.3 billion, 65% higher YoY (FY2021: $3.8 billion). The Group generated free cash flow (FCF) post-capex of $2,083 million (FY2021: $1,253 million), driven by strong cash flow from operations and lower sustaining and project capital expenditure.<\/p>\n\n\n\n<p>The company also has strong liquidity position with cash and cash equivalents of $4.4 billion. While the net debt to EBITDA has been lowest in the past 5 years at 1.9 times.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/7b43bab2-d2e5-4c21-937b-ac537fd4a756-791x1024.png\" alt=\"\" class=\"wp-image-134549\" width=\"839\" height=\"1086\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/7b43bab2-d2e5-4c21-937b-ac537fd4a756-791x1024.png 791w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/7b43bab2-d2e5-4c21-937b-ac537fd4a756-232x300.png 232w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/7b43bab2-d2e5-4c21-937b-ac537fd4a756-768x994.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/7b43bab2-d2e5-4c21-937b-ac537fd4a756-1186x1536.png 1186w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/7b43bab2-d2e5-4c21-937b-ac537fd4a756-1582x2048.png 1582w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vedanta Resources recorded net revenue of $17.6 billion in FY22 as compared to $11.7 billion in FY21 depicting a growth of 50% YoY. This was primarily driven by higher commodity prices, higher volumes of Aluminum, Copper,Talwandi Sabo Power Limited(TSPL), Iron Ore Business(IOB) and Ferro Alloys Corporation Ltd(FACOR), increased premium at Aluminum and Hindustan Zinc Limited, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5746],"tags":[9162,10055,10456],"class_list":["post-134548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-energy-stocks","tag-aluminum","tag-copper-mining","tag-nickel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":134579,"url":"https:\/\/alphastreet.com\/india\/vedanta-resources-outlook-and-performance-in-h2fy22\/","url_meta":{"origin":134548,"position":0},"title":"Vedanta Resources &#8211; Outlook and performance in H2FY22","author":"Chirag Gupta","date":"October 11, 2022","format":false,"excerpt":"Company Description and Outlook:\u00a0 Incorporated in the United Kingdom, Vedanta Resources Limited is engaged in exploring, extracting and processing minerals and oil & gas. The group participates in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas and has a presence across\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/image_750x_63280a22be3e3-Vedanta.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/image_750x_63280a22be3e3-Vedanta.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/image_750x_63280a22be3e3-Vedanta.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/image_750x_63280a22be3e3-Vedanta.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":129487,"url":"https:\/\/alphastreet.com\/india\/vedanta-limited-q4-2022-research-tear-sheet\/","url_meta":{"origin":134548,"position":1},"title":"Vedanta Limited Q4 FY 2022 Research Tear Sheet","author":"sreerupa","date":"May 12, 2022","format":false,"excerpt":"Vedanta Limited\u00a0is an Indian multinational\u00a0mining company. The company is headquartered in Mumbai. It is incorporated in the year 1979. The founder is D.P.Agarwal. The products include \u00a0Zinc, Crude oil, Iron ore, Steel, Aluminium, Copper and Electric power. The vision of Vedanta is to be\u00a0 the world\u2019s largest and most admired\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"Research Summary","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135253,"url":"https:\/\/alphastreet.com\/india\/infographic-vedanta-ltd-nse-vedl-q2-results-total-income-%e2%82%b9-37351-crore-up-20-20-yoy\/","url_meta":{"origin":134548,"position":2},"title":"Infographic : Vedanta Ltd (NSE : VEDL) Q2 Results; Total Income = \u20b9 37351 Crore ( UP 20.20 % YoY)","author":"Divyansh_Kasana","date":"October 28, 2022","format":false,"excerpt":"Vedanta Limited (NSE: VEDL) is a natural resources company engaged in the production of copper and copper products and aluminum and aluminum products. The Company's segments include Copper, which consists of the production of copper cathode, continuously cast copper rod and anode slime, including purchased concentrate and production of precious\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1062103374.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1062103374.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1062103374.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1062103374.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":128239,"url":"https:\/\/alphastreet.com\/india\/vedanta-limited-q3-2022-research-tear-sheet\/","url_meta":{"origin":134548,"position":3},"title":"Vedanta Limited Q3 FY2022 Research Tear Sheet","author":"sreerupa","date":"March 11, 2022","format":false,"excerpt":"Vedanta Limited\u00a0is an Indian multinational\u00a0mining company. The company is headquartered in Mumbai. It is incorporated in the year 1979. The founder is D.P.Agarwal. The products include \u00a0Zinc, Crude oil, Iron ore, Steel, Aluminium, Copper and Electric power. The vision of Vedanta is to be\u00a0 the world\u2019s largest and most admired\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128258,"url":"https:\/\/alphastreet.com\/india\/hindalco-q3-fy-2022-research-tear-sheet\/","url_meta":{"origin":134548,"position":4},"title":"Hindalco  Q3 FY 2022 Research Tear  Sheet","author":"sreerupa","date":"March 14, 2022","format":false,"excerpt":"Hindalco is a subsidiary of Aditya Birla Group. It is an Indian\u00a0aluminum\u00a0and\u00a0copper\u00a0manufacturing company. It was incorporated in the year 1958. The headquarter is located in Mumbai, Maharashtra India. As per data Hindalco is one of the world's largest aluminum rolling companies and one of the biggest producers of primary aluminum\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128688,"url":"https:\/\/alphastreet.com\/india\/vedanta-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":134548,"position":5},"title":"Vedanta Limited Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"April 29, 2022","format":false,"excerpt":"https:\/\/youtu.be\/SA53cFHFw0w Key highlights from Vedanta Limited (VEDL) Q4 FY22 Earnings Concall Management Update: VEDL said it delivered best-ever annual financial performance for FY22 with an EBITDA of INR45,319 crores and strong free cash flows driven by record volume growth across key businesses. Q&A Highlights: Amit Dixit from Edelweiss asked about\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=134548"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=134548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=134548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=134548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}