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Vedanta suffer due to low iron ore and oil prices

Vedanta Resources Plc reported a16.7% drop in full-year core earnings as oil and iron prices declined.

Vedanta suffer due to low iron ore and oil prices

Vedanta Resources Plc reported a16.7% drop in full-year core earnings as oil and iron prices declined.

London-listed Vedanta, which has most of its assets in India, said earnings before interest, tax, depreciation and amortisation fell to $3.74 billion from $4.49 billion a year earlier.

Revenue fell 0.5% to $12.88 billion.

 

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