Vedanta Q3 Results: Profit Beats Estimates As Margin Widens

Vedanta’s net profit rose 49.2% year-on-year to Rs 2,348 crore in Q3 on the back of revenue that fell 9.8% to Rs 21,360 crore.

BQ Desk

Published On

31 Jan 2020, 04:53 PM IST

Last Updated On

31 Jan 2020, 04:53 PM IST

Molten aluminium is poured from a crucible transport and tilting vehicle into a furnace in the cast house unit of Vedanta’s aluminium smelter in Jharuguda district, Odisha. (Photographer: Dhiraj Singh/Bloomberg)

Vedanta Ltd.’s quarterly profit beat analysts’ expectations as its operating margin widened.

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Vedanta Q3 Results: Profit Beats Estimates As Margin Widens

Vedanta’s net profit rose 49.2% year-on-year to Rs 2,348 crore in Q3 on the back of revenue that fell 9.8% to Rs 21,360 crore.

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