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Asia

Vedanta Iron and Steel reports Rs 122 crore net profit in Q1

Markets-Economic Times · 2h ago · 🇮🇳 India

Vedanta Iron and Steel reports Rs 122 crore net profit in Q1

Vedanta Iron and Steel Ltd posted a Rs 122 crore net profit for the June quarter. This marks a significant turnaround from the Rs 142 crore net loss incurred last year. The company's revenue from operations increased to Rs 3,662 crore during this period. These earnings represent the first results after its demerger from Vedanta Ltd. The company operates integrated steel and mining assets across key mineral belts.

Read the full story at Markets-Economic Times →

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