Stock Report

Vedanta Ltd reports consolidated loss of Rs. 1783 crores in Q2 FY2024



Posted On : 2023-11-05 17:22:51( TIMEZONE : IST )

Vedanta Ltd reports consolidated loss of Rs. 1783 crores in Q2 FY2024

Vedanta Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 39585 crores during the period ended September 30, 2023 as compared to Rs. 34279 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -1783 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 2640 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -4.80 for the period ended September 30, 2023 as compared to Rs. 7.06 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 39585 crs ₹34279 crs Up Tick / Down Tick15.48%
Net Profit ₹-1783 crs ₹2640 crs Up Tick / Down Tick-167.54%
EPS ₹-4.80 ₹7.06 Up Tick / Down Tick-167.99%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 39585 crores during the period ended September 30, 2023 as compared to Rs.37351 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-1783 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1808 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-4.80 for the period ended September 30, 2023 as compared to Rs.4.85 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 39585 crs ₹37351 crs Up Tick / Down Tick5.98%
Net Profit ₹-1783 crs ₹1808 crs Up Tick / Down Tick-198.62%
EPS ₹-4.80 ₹4.85 Up Tick / Down Tick-198.97%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.73864 crores during the 6 Months period ended September 30, 2023 as compared to Rs.76706 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.857 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.6229 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.30 for the 6 Months period ended September 30, 2023 as compared to Rs.16.69 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹73864 crs ₹76706 crs Up Tick / Down Tick-3.71%
Net Profit ₹857 crs ₹6229 crs Up Tick / Down Tick-86.24%
EPS ₹2.30 ₹16.69 Up Tick / Down Tick-86.22%

Shares of Vedanta Limited was last trading in BSE at Rs. 232.85 as compared to the previous close of Rs. 229.05. The total number of shares traded during the day was 410709 in over 5872 trades.

The stock hit an intraday high of Rs. 235.60 and intraday low of 230.75. The net turnover during the day was Rs. 95963161.00.

Source : Equity Bulls

Keywords

Vedanta Q2FY24 H1FY24 ResultUpdate