Vedanta first-quarter core earnings rise marginally

Written By Unknown on Rabu, 30 Juli 2014 | 15.45

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to USD 1.04 billion for the quarter ended June 30 from USD 1.03 billion a year earlier.

Diversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in zinc and copper.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to USD 1.04 billion for the quarter ended June 30 from USD 1.03 billion a year earlier.

Revenue increased 7 percent to USD 3.06 billion.


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