Vedanta Q4 results: 56.3 percent net profit dropped

Vedanta Limited declared a profit of Rs 2,634 crore for the March quarter, down from Rs 6,027 crore for the same period last fiscal year.

Vedanta Limited announced on May 12 a year-on-year fall in profit of 56.3 percent, bringing it down to Rs 2,634 crore in the March quarter. This is compared to Rs 6,027 crore in the same quarter of the previous fiscal year.
The revenue was also reduced by 5.4 percent, going from 39,342 crores in the previous quarter to 37,225 crores in the current quarter. In terms of the company’s operational performance, the EBITDA came in at Rs 8,754 crore, representing a decline of 33.4 percent.