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MUMBAI, India, Jan. 29, 2021 /PRNewswire/ Vedanta Limited today announced its unaudited consolidated results for the Third quarter (Q3) and Nine Months ended 31
st December 2020.
Strong financial performance in Q3 FY2021
Revenues of ₹ 22,498 crores, up 8% q-o-q, primarily due to increase in commodity prices and higher sales at Aluminium, Iron ore and Steel business
Robust EBITDA margin1 of 39%, highest in last 4 years
EBITDA of ₹ 7,695 crores, up 18% q-o-q and y-o-y, highest quarterly performance for > 2 years
Attributable PAT (before exceptional items and tax on dividend) of ₹ 3,017 crores, up 51% q-o-q
Strong Balance Sheet
Net Debt/EBITDA at 1.5x, maintained at low level