Markets · 1 sources covering this

Vedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%

Vedanta reported significant financial growth, achieving record revenue and net profit in the September quarter. The company's consolidated revenue increased by 57% year-on-year to ₹25,812 crore while Ebitda doubled to ₹9,938 crore. After a recent demerger, Vedanta plans to eliminate debt, nearing completion in the upcoming quarter. The company has successfully reduced its debt by nearly ₹10,000 crore in recent months. Shares of Vedanta closed 3.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·9h ago
Vedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%
Vedanta reported significant financial growth, achieving record revenue and net profit in the September quarter. The company's consolidated revenue increased by 57% year-on-year to ₹25,812 crore while Ebitda doubled to ₹9,938 crore. After a recent demerger, Vedanta plans to eliminate debt, nearing completion in the upcoming quarter. The company has successfully reduced its debt by nearly ₹10,000 crore in recent months. Shares of Vedanta closed 3.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/70dc52035a2b10a5879fadd8aee84c7a14b2402c"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Vedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%"></iframe>

Vedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%

How 1 sources are covering this

Vedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%

More from Markets

Jio Platforms shares: After 27% jump on IPO listing day, will Reliance group stock rise more today?

Indian shares set for positive start after Fed holds rates steady; elevated oil weighs

Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Can oil fall further?

UB expects Q3 profit growth to moderate on rising costs

Reader

Trust & legal

Across the network