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Vedanta names Arun Misra as CEO, Q1 profit jumps
Vedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reaching 54.73 billion rupees. Higher base metal prices, including zinc and copper, significantly boosted the company's earnings. Vedanta's revenue increased by 51% to 234.56 billion rupees during the quarter. The firm's net profit margins expanded to 22% from 12% a year earlier.
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economictimes.indiatimes.com
Vedanta Q1 Results: Profit jumps 72% YoY to Rs 5,473 crore; EBITDA soars 98% to record high
Vedanta's net profit surged seventy-two percent year-on-year for the first quarter. Revenue from operations also increased fifty-four percent during the same period. The company's…
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Vedanta names Arun Misra as CEO, Q1 profit jumps
Vedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reaching 54.73 billion rupees. Higher base…
