BASE METALS
Vedanta reported a fourth-quarter profit as India’s biggest base metals producer benefited from a rally in prices and a special dividend announced by its zinc arm. Net income attributable to owners was 14.1-billion rupees in the three months through March and revenues were Rs246.1-billion, the unit of London-listed Vedanta Resources said in a statement Monday. That compares with a loss of Rs138.4-billion a year ago because of a writedown at its oil unit.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access