Home / Companies / News / Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain

Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain

Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper

Premium

FILE PHOTO: A bird flies past the logo of Vedanta installed on the facade of its headquarters in Mumbai | Photo: Reuters

Aditi Divekar Mumbai

3 min read Last Updated : Jan 31 2020 | 7:39 PM IST

Anil Agarwal-led Vedanta Ltd reported a consolidated profit before tax of Rs 3,806 crore in the December quarter, up 9.4 per cent from same period last year on the back of lowered costs and a small exceptional gain of Rs 168 crore.

Net sales of the company declined 10 per cent on a year-on-year basis to Rs 21,126 crore in the period under review primarily due to lower commodity prices and muted volumes in zinc, oil & gas and copper business, partially offset by exploration cost recovery in oil & gas.

Lower cost of production mainly in aluminium lent firm support to

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in