Vedanta news Rs 2,988 crore profits in Q4 - TradeBizz Research


Vedanta on Monday reported a consolidation profit after tax (PAT) of Rs 2,988 crore for the March quarter; beating Rs 2,750 crore expected by analysts.

The company had reported a loss of Rs 21,104 crore in the equivalent quarter last year.

Consolidated profits for the quarter jumped 41 per cent YoY at Rs 23,691 crore for the quarter

Cons EBITDA for the quarter came in at Rs 6,766 crore, compared with ET Now poll of Rs 7,165 crore.
Consolidated limits at 30 per cent were less than ET Now’s poll estimated of 32.6 per cent.

The company made FY2018 capex direction at $1.2 billion of which $0.4 billion will be use up on Zinc India and $0.2 billion on Gamsberg, $0.16 billion on aluminum and power and $0.25 billion for O&G with optionality for extra investment, the company in a filing.

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1 comment:

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