Vedanta reports 4-fold jump in Q1 consolidated net profit

26 Jul 2021 Evaluate

Vedanta has reported results for first quarter ended June 30, 2021.

The company has reported a rise of 12.55% in its net profit at Rs 3336 crore for the quarter under review as compared to Rs 2964 crore for the same quarter in the previous year. Total income of the company increased by 24.76% at Rs 14357 crore for Q1FY22 as compared Rs 11508 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 4-fold jump in its net profit attributed to the owners at Rs 4224 crore for the quarter under review as compared to Rs 1033 crore for the same quarter in the previous year. Total income of the company increased by 71.50% at Rs 29151 crore for Q1FY22 as compared Rs 16998 crore for the corresponding quarter previous year.

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