 "Vedanta Q2 net up 47% to Rs 2,091 crore, misses estimates")
Vedanta Ltd, the Indian unit of diversified mining group Vedanta Resources Plc, posted a 47 per cent rise in second-quarter profit, helped by improved commodity prices and higher zinc and copper production.
Profit rose to Rs 2,091 crore ($323.52 million) in the three months through Sept 30, from Rs 1,424 crore a year earlier.
Analysts on average expected a profit of Rs 2,326 crore, Thomson Reuters data showed.
Total income grew about 24 per cent to Rs 22466 crore, the company said on Thursday.
($1 = 64.6325 Indian rupees)
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