SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vedanta reports 57% fall in Q4 consolidated net profit

12 May 2023 Evaluate

Vedanta has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported over 3- fold jump in its net profit at Rs 14872 crore for the quarter under review as compared to Rs 4157 crore for the same quarter in the previous year. Total income of the company increased by 39.14% at Rs 28143 crore for Q4FY23 as compared to Rs 20227 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 56.87% fall in its net profit at Rs 3132 crore for fourth quarter ended March 31, 2023 as compared to Rs 7261 crore for the same quarter in the previous year. Total income of the company decreased by 4.45% at Rs 38635 crore for Q4FY23 as compared to Rs 40433 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 58.63% rise in its net profit at Rs 27356 crore as compared to Rs 17245 crore for the previous year. Total income of the company increased by 24.74% at Rs 89342 crore for year under review as compared to Rs 71624 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 38.82% fall in its net profit of Rs 14506 crore as compared to Rs 23709 crore for the previous year. However, total income of the company increased by 10.96% at Rs 150159 crore for year under review as compared to Rs 135332 crore for year ended March 31, 2022.

Vedanta Share Price

735.60 -21.45 (-2.83%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1041.40
Vedanta 735.60
Hindustan Zinc 592.05
Jain Resource Recycl 409.85
Gravita India 1587.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×