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Vedanta Q3 earnings: Net profit rises 70%, revenue at Rs 38,526 crore

Vedanta Q3 earnings: Net profit rises 70%, revenue at Rs 38,526 crore

Shares of Vedanta ended 1.91% higher at Rs 440.55 in the equity market today. Market cap of Vedanta stood at Rs 1.72 lakh crore on BSE.

Aseem Thapliyal
Aseem Thapliyal
  • Updated Jan 31, 2025 5:05 PM IST
Vedanta Q3 earnings: Net profit rises 70%, revenue at Rs 38,526 crore 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.

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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.

Meanwhile, shares of Vedanta ended 1.91% higher at Rs 440.55 in the equity market today. A total of 4.73 lakh shares of the firm changed hands amounting to a turnover of Rs 20.67 crore on BSE. Market cap of Vedanta stood at Rs 1.72 lakh crore on BSE.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Jan 31, 2025 3:42 PM IST