Vedanta Q1 profit drops 12% YoY to Rs 1,351 crore

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Mining major Vedanta on Friday said consolidated attributable profit fell 12 per cent year-on-year to Rs 1,351 crore in the June quarter compared with Rs 1,533 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected a profit of Rs 1,354 crore. Revenue from operations fell 4 per cent to Rs 21,167 crore compared with Rs 21,942 crore in the same quarter last year.




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