Vedanta has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported over two-fold jump in its net profit at Rs 3,408 crore for the quarter under review as compared to Rs 1,674 crore for the same quarter in the previous year. However, total income of the company decreased by 11.46% at Rs 16,014 crore for Q1FY24 as compared Rs 18,087 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 40.84% fall in its net profit at Rs 3,308 crore for the quarter ended June 30, 2023 as compared to Rs 5,592 crore for the same quarter in the previous year. Total income of the company decreased by 12.90% at Rs 34,279 crore for Q1FY24 as compared Rs 39,355 crore for the corresponding quarter previous year.
