City
Epaper

Vedanta reports Rs 37,225 cr revenue in Q4FY23, up 10 pc on a quarterly basis

By ANI | Updated: May 12, 2023 18:30 IST

New Delhi [India], May 12 : Vedanta on Friday reported its consolidated quarterly revenue in January-March 2023 was at ...

Open in App

New Delhi [India], May 12 : Vedanta on Friday reported its consolidated quarterly revenue in January-March 2023 was at Rs 37,225 crore, up 10 per cent on a quarter-on-quarter basis.

It said the revenue increased due to higher sales across businesses and improved prices of its output.

Consolidated profit after tax was at Rs 3,132 crore, up 1 per cent on a quarter-on-quarter basis.

The mining company said it declared an interim dividend of Rs 33 per cent share in 4QFY23.

"Our commitment to operational excellence has helped us deliver record performance across our key businesses. We have delivered the highest-ever free cash flow (pre-capex) of Rs 28,068 crore, enabling us to reinvest for business growth and provide our valued shareholders with attractive dividends," said Sunil Duggal, chief executive officer, Vedanta

"Our progress on ESG transformation has been recognized by leading rating agencies, making it a remarkable year for us. Going ahead, we remain committed to operational excellence, shareholder value creation and transforming for good," Duggal added.

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: EndemolSunil DuggalindiaDisney IndiaNew DelhiAll India Majlis E Ittehadul MuslimeenCommunist Party Of India MarxistIndia TodayAir Asia IndiaAsia IndiaFifa U 17 World Cup IndiaAll India Football Federation
Open in App

Related Stories

MumbaiUniversity of Bristol Chooses Mumbai for Its First Overseas Campus, Set to Open in September 2026

NationalRaksha Bandhan 2025: Now You Can Send a Rakhi to Your Brother in India Post's Waterproof Envelope — Here's How to Track Your Parcel

NationalGold in Dubai Cheaper Than India: Pricing, Rules, and Import Limits Explained

NationalIndia Spends ₹1.38 Lakh Crore Annually on Edible Oil Imports

International‘This Might Hit You Hard’: NATO Chief Mark Rutte's Warning to India, China, and Brazil Over Russia Ties Amid Ukraine War

Business Realted Stories

BusinessIndiGo bans passenger for slapping co-traveller on Mumbai-Kolkata flight

BusinessED Makes First Arrest in Rs 3,000-Crore Anil Ambani Loan Fraud Case

BusinessMahindra & Mahindra buys 59 pc stake in SML Isuzu for Rs 555 crore

BusinessFederal Bank's Q1 net profit falls 15 pc on higher provisions

BusinessIndia's domestic demand shields economy from tariff impact: BoB Chief Economist