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

National‘Harassing Crores for a Few’: Ex-CEC S.Y. Quraishi Criticises SIR Process at Lokmat National Conclave 2025

NationalLokmat National Conclave 2025: Manoj Jha Flags ‘Freebies Culture’, Says Elections Are No Longer Fair

HockeyIndia Clinches Bronze with 4-2 Win Over Argentina in FIH Men’s Junior Hockey World Cup (VIDEO)

CricketIndia vs South Africa 2025 Schedule: Full List of Matches, Dates, Venues and Fixtures

TechnologyOpenAI Offers ChatGPT Go Free for a Year in India; Check All the Features Users Can Now Access

Business Realted Stories

BusinessIndia’s rapid transformation impresses USIBC President

BusinessFinancial Fraud Risk Indicator helps prevent cyber fraud losses worth Rs 660 crore within six months of launch

BusinessTripura govt committed to last-mile delivery of welfare schemes: CM Saha

BusinessGujarat: GETCO to set up five new substations; strengthen 1,100 CKM transmission network

BusinessAmbuja Cements’ board okays amalgamation of ACC Ltd and Orient Cement Ltd