India: Vedanta’s net profit rises 6%, y-o-y, in Q1FY’23

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Vedanta Ltd. has announced consolidated net profit of INR 5,592 crore for the quarter ending June 30, 2022 (Q1FY’23), up 6% from INR 5,282 crore in the same quarter last year. Profits rose on robust operating performance across key businesses.
Vedanta’s aluminium production rose 3% y-o-y to 565,000 t, while alumina production inched up by 1% y-o-y to 485,000 t. Mined metal production rose 14% y-o-y to 252,000 t in Q1FY’23.

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