City
Epaper

Vedanta Ltd's Q1 consolidated net profit down 23.5%

By IANS | Published: October 04, 2020 7:47 PM

Mumbai, Oct 4 Anil Agarwal-led natural resources company Vedanta Ltd has reported a 23.5 per cent drop in ...

Open in App

Mumbai, Oct 4 Anil Agarwal-led natural resources company Vedanta Ltd has reported a 23.5 per cent drop in its consolidated net profit for the quarter ended June of the current financial year (2020-21).

Its consolidated net profit during the April-June quarter was Rs 1,033 crore, against Rs 1,351 crore reported during the same period of the previous financial year, the company said in a regulatory filing.

The company's revenue from sales declined 25.9 per cent on a year-on-year basis to Rs 15,687 crore during the quarter ended June.

Its total income for the period under review stood at Rs 16,998 crore, 21.9 per cent lower than Rs 21,754 crore earned during the same period last year.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Vedanta Ltd
Open in App

Related Stories

NationalOdisha: Four wagons of goods train derail in Odisha 's Rayagada

InternationalVedanta has best dividend yield among large cap stocks

InternationalSterlite Copper's exit from TN gives bad signal for new investors

InternationalVedanta puts its copper smelter plant in Tuticorin on sale

InternationalBrand 'Cairn' is now exclusively owned by Vedanta

Business Realted Stories

BusinessAir India Express to 'curtail flights over next few days' amid cabin crew crisis

BusinessBSE reports record FY24 performance, declares dividend of Rs 15

BusinessRBI governor meets UPI stakeholders, discusses future strategies

BusinessAir India Express row: 'Company leadership available for discussions', CEO says in letter to employees

BusinessEU asks for more details on X's content moderation activities, resources