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Vedanta posts ₹915 cr loss, highest-ever Q2 revenue of ₹38,546 cr
short by Mansi Agarwal / on Saturday, 4 November, 2023
Vedanta Group posted a net loss of ₹915 crore in Q2 as a result of exceptional expenses, compared to a profit of ₹2,690 crore in the year-ago period. The company, however, recorded its highest-ever Q2 revenue of ₹38,546 crore and highest-ever Q2 EBITDA of ₹11,834 crore. Vedanta also decreased its debt by ₹1,420 crore QoQ to ₹57,771 crore.
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