Vedanta swings back into the black in Q4 helped by higher revenue


Vedanta swings back into the black in Q4 helped by higher revenue

Vedanta Ltd , the Indian unit of diversified energy group Vedanta Resources PLC , reported a consolidated quarterly profit, as revenue surged, driven by improved commodity prices and higher zinc volumes.

Consolidated net profit stood at Rs 2,988 crore in the fourth quarter ended March 31, compared with a loss of Rs 21,104 crore a year earlier, the metals and mining group said on Monday. Read More…

 

 

Credit By: Business Standard

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