
Vedanta Q3 earnings: Profit climbed 70% to Rs crore in the December 2024 quarter against Rs 2868 crore on a (YoY) basis. Metals and mining firm Vedanta reported a 70% YoY rise in net profit for the quarter ended December 2024. Profit climbed 70% to Rs 4,876 crore in the December 2024 quarter against Rs 2,868 crore on a (YoY) basis. Revenue climbed 10% to Rs 38,526 crore in Q3FY25 against Rs 34,968 crore revenue in Q3FY24.
Consolidated EBITDA was the highest ever in the third quarter at Rs 11,284 crore, up 30% YoY and 9% QoQ. Net debt stood at Rs 57,358 crore with Net debt/ EBITDA at 1.4 times (vs 1.7 times in 3QFY24). Cash and cash equivalent rose by 66% YoY on the back of robust free cash flow (precapex) of Rs 6,766 crore.