MoneyWorks4Me

Vedanta reports 34% fall in Q2 consolidated net profit

01 Nov 2018 Evaluate

Vedanta has reported results for second quarter ended September 30, 2018.

The company has reported 94.48% fall in its net profit at Rs 26 crore for the quarter under review as compared to net profit of Rs 471 crore for the same quarter in the previous year. Total income of the company decreased by 8.32% at Rs 9,869 crore for Q2FY19 as compared Rs 10,765 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 34.33% in its net profit at Rs 1,343 crore for the quarter under review as 2,045 compared to Rs crore for the same quarter in the previous year. However, total income of the company increased by 3.50% at Rs 23,297 crore for Q2FY19 as compared Rs 22,509 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
View more..