India’s Vedanta Q1 consolidated profit doubles

July 25, 2017

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Vedanta, the Indian unit of diversified energy group Vedanta Resources, reported a doubling of quarterly consolidated profit on Tuesday, as higher zinc prices helped the company to reap improved margins.

Consolidated profit came in at 15.25-billion rupees in the quarter ended June 30, with profit from zinc operations in India rising three-fold to 18.15-billion rupees.

Category: General