Vedanta reports 42% fall in Q3 consolidated net profit

28 Jan 2023 Evaluate

Vedanta has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 27.64% in its net profit at Rs 4,684 crore for the quarter under review as compared to Rs 6,473 crore for the same quarter in the previous year. Total income of the company decreased 4.72% at Rs 20,225 crore for Q3FY23 as compared to Rs 21,227 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 42.25% in its net profit at Rs 3,092 crore for the quarter under review as compared to Rs 5,354 crore for the same quarter in the previous year. However, total income of the company increased 0.42% at Rs 34,818 crore for Q3FY23 as compared to Rs 34,674 crore for the corresponding quarter previous year.

Vedanta Share Price

380.80 -2.45 (-0.64%)
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