Vedanta first quarter after-tax profit jumps four-fold to Rs 4,280 crore
Vedanta Limited on Monday reported over four-fold jump in its consolidated profit after tax (PAT) to Rs 4,280 crore during the June quarter, boosted by higher income.
During the year-ago quarter, the company’s “net profit after taxes before exceptional items” was at Rs 1,033 crore, Vedanta Limited said in a BSE filing.
Total income in the April-June period of the ongoing financial year surged to Rs 29,151 crore from Rs 16,998 crore in the same quarter a year ago.
The company’s expenses were at Rs 21,847 crore as against Rs 14,965 crore in April-June of 2020.
Sunil Duggal, the Chief Executive Officer of Vedanta in a statement, said, “We are happy to announce another strong quarter with continued momentum across all businesses.
