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Vedanta reports consolidated net profit of Rs 2988.04 crore in Q4FY17

15 May 2017 Evaluate

Vedanta has reported results for fourth quarter and year ended March 31, 2017.   

The company has reported net profit of Rs 11700.47 crore for the quarter ended March 31, 2017 as compared to net loss of Rs 9394.53 crore for the same quarter in the previous year. Total income of the company increased by 20.11% at Rs 19521.11 crore for quarter under review as compared to Rs 16252.47 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the company has posted net profit at Rs 11068.70 crore as compared to net loss of Rs 11906.23 crore in FY16. Total income of company increased by 5.00% at Rs 48245.34 crore for year under review as compared to Rs 45948.20 crore for the year ended March 31, 2016.

On consolidated basis, the company has reported net profit at Rs 2988.04 crore for the quarter ended March 31, 2017 as compared to net loss of Rs 21103.66 crore for the same quarter in the previous year. Total income of the company increased by 35.44% at Rs 24612.15 crore for quarter under review as compared to Rs 18172.61 crore for the same quarter ended previous year. 

For the year ended March 31, 2017, on the consolidated basis, the company has posted net profit at Rs 9870.59 crore as compared to net loss of Rs 17862.39 crore in the previous year. Total income from operations of the company increased by 11.48% at Rs 80751.84 crore for year under review as compared to Rs 72436.27 crore for the year ended March 31, 2016.


Vedanta Share Price

777.10 -10.50 (-1.33%)
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