Twitter
Advertisement

Weak metal, oil prices hurt Vedanta's third-quarter earnings

Vedanta Resources Plc's third-quarter core earnings fell 11% and the mining conglomerate said it was reviewing its operating and capital spending plans across its businesses.

Latest News
article-main
Anil Agarwal, Chairman, Vedanta Resources Plc. Picture courtesy: www.vedantaresources.com
FacebookTwitterWhatsappLinkedin

Vedanta Resources Plc's third-quarter core earnings fell 11% and the mining conglomerate said it was reviewing its operating and capital spending plans across its businesses.

The London-based miner, which has most of its assets in India, said earnings before interest, tax, depreciation and amortisation fell to $1.02 billion in the three months ended Dec. 31 from $1.14 billion a year earlier.

Revenue rose marginally to $3.36 billion.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement