Vedanta Limited - 500295 - SEBI Letter dated October 28, 2021
Vedanta Ltd has informed BSE regarding "SEBI Letter dated October 28, 2021".30-10-2021
30-10-2021
Vedanta Ltd - 500295 - SEBI Letter dated October 28, 2021
Vedanta Ltd has informed BSE regarding "SEBI Letter dated October 28, 2021".30-10-2021
Earnings Call for Q2FY22 of Vedanta Ltd
Conference Call with Vedanta Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.29-10-2021
Vedanta net profit jumps three-fold to 5,812 crore
Revenue from operations up 44 per cent at 30,048 crore29-10-2021
Vedanta Ltd - 500295 - Grant Of Stock Options Under Vedanta Limited Employee Stock Option Scheme- 2016 (ESOS 2016)
Pursuant to Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby notify that on October 29, 2021, the Nomination and Remuneration Committee ('NRC') has approved the enclosed performance based grants under the Vedanta Limited Employee Stock Option Scheme- 2016 ('ESOS 2016') to eligible employees of the Company including Key Managerial Personnel (KMP) and Senior Management.29-10-2021
Q2FY22 Quarterly Result Announced for Vedanta Ltd.
Financial Record consolidated quarterly Revenue of Rs 30,048 crore, up 44% Y-o-Y Record quarterly EBITDA of Rs 10,582 crore, up 62% Y-o-Y Attributable PAT (before exceptional items) at Rs 4,644 crore, up 486% Y-o-Y Record consolidated Half Year Revenue of Rs 58,153 crore, up 59% Record Half Year EBITDA of Rs 20,613 crore, up 96% Robust Industry leading EBITDA margin of 40% Strong double-digit ROCE at c.26% Net Debt/EBITDA at 0.5x, lowest in last 4 years Net Debt at Rs 20,389 crore, reduction of Rs 7,232 crore from 30th September 2020 Strong liquidity position with total cash and cash equivalent at Rs 30,650 crore First Interim Dividend of Rs 18.5 per share; Rs 6,855 crore in Q2 FY 2022 CRISIL has upgraded outlook from ‘Stable’ to ‘Positive’ with AA- rating Mr Sunil Duggal, Chief Executive Officer, said “Vedanta has set its sights on becoming a leader in terms of our ESG performance in the metals & mining sector, with a strong commitment towards achieving Net-Zero Carbon by 2050 or sooner, increasing workplace diversity, and a commitment to improve the quality of life of more than 100 million women & children. We are confident that these goals will also translate into improved financial performance, de-risk the business and create opportunities in the emerging green economy. We continued our strong growth momentum this quarter as well, reporting record quarterly and half-yearly Revenue and EBITDA. We reported consolidated quarterly Revenue of Rs 30,048 crore, up 44% Y-o-Y and quarterly EBITDA of Rs 10,582 crore, up 62% Y-o-Y. Our attributable PAT (before exceptional items) stood at Rs 4,644 crore, up 486% Y-o-Y. We witnessed steady volume performance across business segments, and sustained margins benefitting from high commodity prices despite a challenging cost environment. We continue to focus on prudent capital allocation and deleveraging. We reduced net debt by Rs 7,232 crore Y-o-Y. We continue our commitment of rewarding shareholders with interim dividend of INR 18.5 per Share, entailing pay-out of Rs 6,855 crore." Result PDF29-10-2021
Vedanta Ltd - 500295 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting29-10-2021
Vedanta Ltd - 500295 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 and 51 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that CRISIL has reaffirmed the ratings of the Company and revised the outlook on the ratings from Stable to Positive on October 27, 202128-10-2021
Vedanta enters term sheet agreement to divest Mt Lyell copper mine in Australia
After an internal strategic review, it was decided last year to divest the copper mine, run a global sale process to bring in a capable operator and potential owner to evaluate and eventually restart operations at Mt Lyell27-10-2021