Vedanta logo

VEDL - Vedanta News Story

₹137.05 5.3  4.0%

Last Trade - 11:26am

Sector
Basic Materials
Size
Large Cap
Market Cap £5.21bn
Enterprise Value £9.21bn
Revenue £9.02bn
Position in Universe 55th / 3011

BRIEF-India's Vedanta Dec Qtr Consol Profit Down 21.1 Pct

Thu 31st January, 2019 11:31am
Jan 31 (Reuters) - Vedanta Ltd  VDAN.NS :
    * DEC QUARTER CONSOL NET PROFIT 15.74 BILLION RUPEES VERSUS
PROFIT
OF 19.94 BILLION RUPEES LAST YEAR
    * CONSENSUS FORECAST FOR DEC QUARTER CONSOL PROFIT WAS 14.31
BILLION RUPEES
    * DEC QUARTER CONSOL REVENUE FROM OPERATIONS 236.69 BILLION
RUPEES
VERSUS 243.61 BILLION RUPEES LAST YEAR
    * SAYS  APPOINTMENT OF  SRINIVASAN VENKATAKRISHNAN AS
WHOLE-TIME
DIRECTOR & CEO
    * IN QUARTER, ZINC-LEAD MIC AT 247KT, UP 6 % Q-O-Q,
UNDERGROUND
PRODUCTION UP 38% Y-O-Y
    * IN QUARTER,AVERAGE GROSS DAILY PRODUCTION AT 187KBOEPD;
GROWTH
PROJECTS ON TRACK
    * SAYS FY 2019 GUIDANCE REVISED
    * SEES FY 2019 ZINC-LEAD INTEGRATED SLIGHTLY SHORT OF FY18
PRODUCTION
    * SEES FY 2019 COPPER INDIA PRODUCTION AT 100KT PER QUARTER,
ONCE
THE PLANT RESTARTS

Source text - http://bit.ly/2UxOpZP
Further company coverage:  VDAN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.