Metals and mining conglomerate Vedanta Ltd.’s consolidated net profit jumped 43% to ₹2,036 crore for the July-September quarter, helped by strong commodity prices and higher zinc and copper output.
The company had posted a consolidated net profit of ₹1,424 crore in the same quarter last year, Vedanta Ltd. said in a filing with the BSE. Total income in the quarter increased to ₹22,466 crore, from ₹18,154 crore in the year-earlier period.
Vedanta CEO Kuldip Kaura said the “PAT for the quarter was up... on the back of solid operational performance in our zinc and copper businesses, supported by strong commodity prices.”