Vedanta reports 44% rise in Q2 consolidated net profit
14th Nov 2019

Vedanta has reported results for second quarter ended September 30, 2019.

The company has reported many fold jump in its net profit at Rs 2,913 crore for the quarter under review as compared to Rs 26 crore for the same quarter in the previous year. Total income of the company increased by 22.72% at Rs 12,038 crore for Q2FY20 as compared Rs 9,809 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 43.68% in its net profit at Rs 2,730 crore for the quarter under review as compared to Rs 1,900 crore for the same quarter in the previous year. However, total income of the company decreased by 2.00% at Rs 22,814 crore for Q2FY20 as compared Rs 23,279 crore for the corresponding quarter previous year.