{"id":284782,"date":"2019-07-27T06:54:07","date_gmt":"2019-07-27T06:54:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=284782"},"modified":"2019-07-27T06:54:07","modified_gmt":"2019-07-27T06:54:07","slug":"vedanta-june-quarter-profit-falls-nearly-12-misses-estimates","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vedanta-june-quarter-profit-falls-nearly-12-misses-estimates\/","title":{"rendered":"Vedanta June-quarter profit falls nearly 12%, misses estimates"},"content":{"rendered":"<p>BENGALURU: Mining conglomerate Vedanta Ltd\u2019s first-quarter profit slightly missed estimates as falling commodity prices hurt revenue and margins.<br \/>\nThe company has seen a muted year in terms of commodity prices, with the benchmark three-month copper on the London Metal Exchange rising only 0.2%, and zinc falling 1.8% this year.<br \/>\nWhile copper prices are expected to rise further, zinc prices could be weighed down by rising supply this year, a Reuters poll in May showed.<br \/>\nProfit came in at Rs 1,351 crore ($195.98 million) for the three months ended June 30, compared with Rs 1,533 crore a year earlier, the company said here on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Mining conglomerate Vedanta Ltd\u2019s first-quarter profit slightly missed estimates as falling commodity prices hurt revenue and margins. The company has seen a muted year in terms of commodity prices, with the benchmark three-month copper on the London Metal Exchange rising only 0.2%, and zinc falling 1.8% this year. While copper prices are expected to rise further, zinc prices could be weighed down by rising supply this year, a Reuters poll in May showed. Profit came in at Rs 1,351 crore ($195.98 million) for the three months ended June 30, compared with Rs 1,533 crore a year earlier, the company [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-284782","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=284782"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284782\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=284782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=284782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=284782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}