Vedanta Ltd consol Q3 PAT up 27% YoY at Rs 4,189 crore on robust revenue

Net sales up 50% at Rs 33,697 crore; reported topline is a record consolidated quarterly revenue

Anil Agarwal-led Vedanta Limited reported a consolidated net profit of Rs 4,164 crore in December quarter, up 27 percent from corresponding period last year on the back of strong revenues.
 

The company’s net sales in the period under review stood at Rs 33,697 crore, up 50 per cent from the same period last year. The reported topline is a record consolidated quarterly revenue.

Strong revenue stream was supported by improved commodity prices and higher sales volume across businesses which partially offset by lower sales volume at Zinc International and Oil & gas business.

A current tax expense of Rs 2,100