Vedanta Q4 Results: Consolidated revenue from operations for the quarter stood at Rs 34,937 crore, down 6% YoY over Rs 37,225 reported by the company in Q4FY23.
Mining major Vedanta Ltd on Saturday reported a consolidated net loss of Rs 1,783 crore, against a profit of Rs 2,640 crore a quarter ago, and Rs 1,808 crore an year ago
Anil Agarwal-led Vedanta Limited reported a consolidated net profit of Rs 6,531 crore in the March quarter as against a loss of Rs 12,521 crore in the corresponding period last year on the back of increased sales. Net sales of the company stood at Rs 27,874 crore in the period under review, up 42 per cent from same period last year led by higher volume at aluminium business, zinc India, iron ore business, higher power sales at TSPL and improved commodity prices. As per Bloomberg estimates, the company’s topline was seen at Rs 24,968 crore in the March quarter, while the bottomline was expected to be at Rs 5,360 crore.