Vedanta's net profit declines 61% to Rs 1,808 crore in July-September

Vedanta Ltd on Friday reported a 60.8 per cent decline in consolidated net profit at Rs 1,808 crore for the quarter ended September 30 on the back of higher expenses

Vedanta Resources

Press Trust of India New Delhi
Vedanta Ltd on Friday reported a 60.8 per cent decline in consolidated net profit at Rs 1,808 crore for the quarter ended September 30 on the back of higher expenses.
The company had posted a consolidated net profit of Rs 4,615 crore in the year-ago period, Vedanta Ltd said in a regulatory filing.
The company's expenses during the July-September period increased to Rs 33,221 crore from Rs 23, 171 crore in the year-ago period.
Its consolidated income during the quarter under review increased to Rs 37,351 crore from Rs 31,074 crore last year.
Vedanta is a diversified natural resources company.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 28 2022 | 4:48 PM IST

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