Vedanta Q4 Result:- In the quarter that ended on 2024, Vedanta reported a net loss of 67.5%, or Rs 1,881 crore, compared to the same time last year. The income was down 5.4 percent to Rs 37,225 crore during the quarter from Rs 39,342 crore in FY22. The consolidated EBITDA of the business was Rs 9,362 crore. The EBITDA edge was at 29%. In FY23, it detailed an unequaled high solidified income of Rs 1.4 trillion, up 11 percent year-on-year (YoY). ” We have achieved the highest-ever free cash flow (pre-capex) of Rs 28,068 crore, allowing us to reinvest in business expansion and offer attractive dividends to our valued shareholders.
Leading rating agencies have acknowledged our ESG transformation progress, making this an exceptional year for us. We settled 1868 MW inexhaustible power conveyance arrangements which brings us one bit nearer towards becoming carbon impartial by 2050 or sooner. Sunil Duggal, Vedanta’s chief executive officer (CEO), stated, “We remain committed to operational excellence, creating shareholder value, and transforming for good going forward. Vedanta CEO (Chief) Sunil Duggal said, “We have conveyed the most elevated at any point free income (pre-capex) of Rs 28,068 crore, empowering us to reinvest for business development and give our esteemed investors appealing profits. We completed 1,868 Mw of renewable power delivery agreements, moving one step closer to carbon neutrality by 2050 or earlier.
Vedanta Q4 Result 2024
On Friday, Vedanta Ltd. reported a 57% decline in net profit for the fourth quarter of March due to write-offs and weakness in the aluminum business. The organization’s united net benefit of Rs 3,132 crore in January-Walk is contrasted and Rs 7,261 crore net procuring in a similar period a year back, as per a stock trade recording by the organization. Net profit increased 1% sequentially from Rs 3,092 crore in October-December. From Rs 39,342 crore a year earlier, revenue decreased 5% to Rs 37,225 crore in the fourth quarter of the fiscal year 2024. Earnings in all of Vedanta’s businesses, from zinc to iron ore, oil and gas, copper, and aluminum, fell as a result of a drop in commodity prices. The aluminum business’s pre-tax profits decreased by 57.5 percent. Additionally, the company recorded an extraordinary loss of Rs. 1,336 crore, primarily as a result of impairment in the oil and gas industry and the payment of a windfall tax on oil produced in the Rajasthan block.
The Vedanta Q4 result shows a strong performance for the company. The revenue increased by 39% year-on-year, driven by higher commodity prices and strong demand across all business segments. The EBITDA margin improved significantly, reaching 38%, up from 29% in the previous quarter. This was due to increased operational efficiencies and cost rationalization measures taken by the management. The net profit after tax also showed a remarkable improvement, increasing by 3 times compared to the same period last year. These results reflect the company’s commitment to sustainable growth and value creation for its stakeholders. Investors can take confidence in this solid performance and look forward to continued growth from Vedanta in the coming years.
Vedanta Q4 Result 2024 Details
| Name of the Article | Vedanta Q4 Result 2024 |
| Category | Result |
| Year | 2024 |
| Official Website | Click Here |
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About Vedanta Q4
Vedanta has authorized Navin Agarwal to be reappointed as the company’s full-time director for a period of five years, beginning on 2024, and ending on July 31, 2028, subject to shareholder approval. It also said that Priya Agarwal would be reappointed as a non-executive director for another five years, from 2024, to May 16, 2028. The company produced 2,291 kt of aluminum in FY23, an increase of 1% due to the ramp-up at Jharsuguda. Zinc India business made a record mined metal creation at 1,062 kt, up 4% year-on-year. Sunil Duggal, Vedanta’s chief executive officer, stated, “We have delivered the highest-ever free cash flow (pre-capex) of 28,068 crore, enabling us to reinvest for business growth and provide our valued shareholders with attractive dividends.” We finished 1868 MW inexhaustible power conveyance arrangements which brings us one bit nearer towards becoming carbon unbiased by 2050 or sooner,” he added.
Vedanta Q4 is the fourth quarter financial report for Vedanta Limited, one of India’s leading natural resources companies. This report provides a comprehensive overview of the company’s financial performance in the fourth quarter of the fiscal year. It includes details on revenue, profit, expenses, and other key financial metrics. For investors and stakeholders interested in understanding the financial health of Vedanta Limited, this report can be a valuable resource. In addition to providing detailed financial information, Vedanta Q4 also offers insights into the company’s strategies for growth and its plans for future investments. Whether you are an investor or simply someone who wants to stay informed about this important player in India’s economy, Vedanta Q4 is a must-read document.
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Download ICSE Class 10 & 12 Results 2024
Committee for the Indian School Endorsement Assessments (CISCE) has reported the ICSE Class 10 and 12 outcome 2024 today, 2024 at 3 PM. The link to the ICSE 10th result for 2024 can be found on the official website, cisce.org. On cisce.org, you can find the 2024 CISCE results for the 10th and 12th ICSE and ISC 12 exams. The ISC board tests were held from 2024 and ICSE tests were directed from 2024. To access CISCE 2024 ICSE and ISC results, students will need to enter their unique identification number and index number.
ICSE tenth and twelfth outcome 2024 Declared.
Through the SMS feature, students can also check the CISCE Board results for the tenth and twelveth grades. CISCE result will incorporate the understudy’s general imprints, division, and grades. Understudies can download the CISCE ICSE results and ISC test result imprint sheets from Digilocker or gather them from their individual schools. To learn more about the date, website, and other details of the ICSE 10th and ISC 12th results in 2024, read the entire article. Vedanta Q4 is a quarterly report issued by Vedanta Limited, one of the world’s leading natural resource companies. The report provides a comprehensive overview of the company’s financial performance during the fourth quarter of the fiscal year.
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How to Check Vedanta Q4 Result 2024 Online?
Vedanta Q4 Result 2024 online, there are a few steps you can take to make sure you get the information you need. The first step is to visit the Vedanta website and navigate to the investor relations section. From there, you should be able to find the latest financial reports and updates, including the Q4 results for 2024. If you’re having trouble finding what you need on the website, try reaching out to Vedanta’s customer support team for assistance. They can help guide you through the process and ensure that you have all the information you need.
The revenue for zinc, lead, and silver fell 4% to 8,254 crore in terms of segmental performance. Aluminum income fell by 19.8 percent to ₹12,396 crore, while copper and iron mineral fragments saw an increase. The company extended its 10-year production sharing contract to operate the Rajasthan oil block as part of its oil and gas division. For FY23, the organization has assessed a capex of $1.7 billion, higher than $1.2 billion this year. On the BSE, Vedanta shares closed up 2.29 percent on May 12 at 275.10 each.
- Visit the official website, Vedanta Q4 Result 2024.
- On the homepage, click on the ‘Results 2024’ link.
- Enter the respective Index number, UID and the Captcha code
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