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Vedanta's cast metal aluminium production at smelters jumps 16% in Q3FY22

04 Jan 2022 Evaluate

Vedanta’s cast metal aluminium production at its smelters stood at 5,79,000 tonnes in the third quarter of the current financial, registering an increase of 16 per cent.

At Karnataka, production of saleable ore in Q3FY22 stood at 1.2 million tonnes, lower by 14 per cent as compared to Q3FY21 and four per cent as compared to Q2FY22 due to the impact on operations because of heavy rainfall in the third quarter of the current fiscal. Pig iron production stood at 2,02,000 tonnes during the third quarter of the current fiscal, higher by 39 per cent as compared to Q3FY21.

There was no production in Goa due to the continuation of the suspension of mining pursuant to Supreme Court judgment directing mining operations of all companies in the state to stop with effect from March 16, 2018.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

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
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