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Higher prices, output lift Vedanta’s Q1 revenue, Ebitda

Higher commodity prices and production volumes contributed to a significant year-on-year increase in diversified miner Vedanta Resources’ revenue and earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended June 30. Revenues rose by 32% year-on-year to $3.09-billion for the first quarter of the 2018 financial year, compared with revenue of $2.34-billion in the first quarter of the 2017 financial year.