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Vedanta reports 41% rise in Q3 consolidated net profit

30 Jan 2021 Evaluate

Vedanta has reported results for third quarter ended December 31, 2020.

The company has reported 6-fold jumps in its net profit of Rs 5,720 crore for the quarter under review as against net profit of Rs 891 crore for the same quarter in the previous year. Total income of the company increased 69.60% at Rs 15,676 crore for Q3FY21 as compared Rs 9,243 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 40.50% rise in its net profit attributable to owners at Rs 3,299 crore for the quarter under review as against net profit of Rs 2,348 crore for the same quarter in the previous year. Total income of the company increased by 7.33% at Rs 23,621 crore for Q3FY21 as compared Rs 22,007 crore for the corresponding quarter previous year.

Vedanta Share Price

767.05 -3.60 (-0.47%)
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