01-May-2025
Corporate News
 
Vedanta Q4 Results: Profit skyrockets to Rs 4,961 cr, revenue up 13.93% on favorable market prices, higher premiums
01-May-2025

Anil Agarwal-led Vedanta Ltd on Wednesday released its fiscal fourth quarter earnings report with profit at Rs 4,961 crore, skyrocketing by 118.07 per cent on-year, surpassing estimates. The profit during the same period of FY24 was recorded at Rs 2,275 crore. It posted revenue from operations at Rs 40,455 crore, up 13.93 per cent as against Rs 35,509 crore recorded during the same period of previous financial year. The company’s EBITDA stood at Rs 11,466 crore. According to a CNBC TV18 poll, Vedanta was expected to post Q4 profit at Rs 4,056 crore and revenue for the quarter in review was estimated at Rs 38,888 crore.

News Source:- https://www.financialexpress.com/business/industry-vedanta-q4-results-profit-skyrockets-to-rs-4961-crore-revenue-rises-by-13-93-on-favorable-market-prices-higher-premiums-3827858/