HomeNews News Vedanta Q3 profit increases 4.5-fold to Rs 1866 crore Vedanta Q3 profit increases 4.5-fold to Rs 1866 crore

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Vedanta Q3 profit increases 4.5-fold to Rs 1866 crore

Vedanta Q3 profit increases 4.5-fold to Rs 1866 crore

Tuesday, February 14, 2017, 3:55 PM

Anil Agarwal owned Vedanta, has posted a 4.5 fold jump in Q3 consolidated profit at Rs 1,866 crores on year-on-year basis, pushed up by operational performance and low base in year-ago period, despite sharp rise in tax expenses. Revenue during the quarter increased 29.6% to Rs 20,393 crore compared to Rs 15,731 crore in the previous year, driven by metals business.
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