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Vedanta Ltd reports consolidated net profit of Rs. 2013 crores in Q3 FY2024



Posted On : 2024-01-25 16:37:45( TIMEZONE : IST )

Vedanta Ltd reports consolidated net profit of Rs. 2013 crores in Q3 FY2024

Vedanta Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 36320 crores during the period ended December 31, 2023 as compared to Rs. 39585 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2013 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -1783 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 5.38 for the period ended December 31, 2023 as compared to Rs. -4.80 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 36320 crs ₹39585 crs Up Tick / Down Tick-8.25%
Net Profit ₹2013 crs ₹-1783 crs Up Tick / Down Tick212.90%
EPS ₹5.38 ₹-4.80 Up Tick / Down Tick212.08%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 36320 crores during the period ended December 31, 2023 as compared to Rs.34818 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2013 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.2464 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.5.38 for the period ended December 31, 2023 as compared to Rs.6.60 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 36320 crs ₹34818 crs Up Tick / Down Tick4.31%
Net Profit ₹2013 crs ₹2464 crs Up Tick / Down Tick-18.30%
EPS ₹5.38 ₹6.60 Up Tick / Down Tick-18.48%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.110184 crores during the 9 Months period ended December 31, 2023 as compared to Rs.111524 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2870 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.8693 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.67 for the 9 Months period ended December 31, 2023 as compared to Rs.23.30 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹110184 crs ₹111524 crs Up Tick / Down Tick-1.20%
Net Profit ₹2870 crs ₹8693 crs Up Tick / Down Tick-66.98%
EPS ₹7.67 ₹23.30 Up Tick / Down Tick-67.08%

Shares of Vedanta Limited was last trading in BSE at Rs. 262.50 as compared to the previous close of Rs. 252.15. The total number of shares traded during the day was 621782 in over 15308 trades.

The stock hit an intraday high of Rs. 263.20 and intraday low of 253.10. The net turnover during the day was Rs. 161071872.00.

Source : Equity Bulls

Keywords

Vedanta Q3FY24 9MFY24 ResultUpdate