Vedanta Aluminium Adopts Two-Pronged Strategy To Reduce Carbon Footprint: CEO

"We have embarked on a transformative journey where our commitment to sustainability goes beyond business compliance to focusing on how we can make a positive impact on the environment. Securing the top rank in the S&P Global CSA recognises our commitment to fully embed sustainability practices across every facet of our value chain, from sourcing to product delivery," he said.
29-01-2024

Vedanta Q3 Results Review - Cost Efficiency Improves Margins Across Segments: Systematix

Vedanta posted strong performance across segments helped by higher volumes and lower cost of production partially offset by lower commodity prices.
29-01-2024

Vedanta Q3 Revenue Rises, Tata Technologies Profit Up Earnings Wrap

Here are the major quarterly results announced after market hours on Thursday.
26-01-2024
Bigul

Vedanta Limited - 500295 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Please find enclosed herewith the intimation for loss of share certificates of the shareholders of the Company.
25-01-2024
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Q3FY24 Quarterly Result Announced for Vedanta Ltd.

Aluminium & Aluminium Products company Vedanta announced Q3FY24 results: Highest ever Q3FY24 consolidated Revenue of Rs 34,968 crore, up 4% QoQ and 4%YoY. Consolidated quarterly EBITDA of Rs 8,677 crore, up 21% QoQ and 22% YoY. EBITDA margin of 29% up 438 bps QoQ and 507 bps YoY. PAT before exceptional items of Rs 2,868 crore, up 112% QoQ and 8%YoY. Generated strong free cash flow (pre-capex) of Rs 4,306 crore in Q3FY24. Strong double-digit return on capital employed ~23% up 140bps QoQ. Successful Liability Management exercise at Holdco resulted in structural improvement in capital structure. Dividend of Rs 4,089 crore paid in Q3FY24. Arun Misra, Executive Director, Vedanta, said, “I am pleased to share that we have delivered the quarter of highest ever 3Q Revenue Rs 34,968 crore, up 4%YoY. Our strategic focus on substantial cost compression, paralleled by an impressive production ramp-up across businesses has helped us to deliver remarkable performance. Aluminium and zinc continued to set new benchmarks with the highest-ever nine months of production and placed in the 1st quartile cost position of global Aluminium and the first decile of Global Zinc mining cost curves, respectively. I am elated to share that Vedanta has been ranked 3rd in S&P; Global Corporate Sustainability Assessment 2023, amongst 238 global peers whereas HZL has been ranked 1st. We are very focused and confident to achieve significant milestones with the various debottlenecking projects going on across all our businesses. With our unwavering commitment to operational excellence and strong ESG practices, we are optimistic to remain well positioned to navigate challenges and seize opportunities.” Ajay Goel, Chief Financial Officer, Vedanta, said, “With our consistent focus on operational excellence, Vedanta delivered an exemplary financial performance with EBITDA of Rs 8,677 crore and PAT before exceptional items of Rs 2,868 crore. These represent a superlative increase of 21% QoQ and 112% QoQ respectively. Our continuous strategic cost optimization resulted in a remarkable 438 bps margin expansion. We are committed to rewarding our shareholders with attractive returns and have announced a dividend of Rs 11/share amounting to Rs 4,089 crore during the quarter. Our five-year average dividend yield stands 10 times higher than Nifty 50 companies. With a balanced capital structure through successful liabilities management at Holdco, Vedanta has a stronger balance sheet and will remain committed towards deleveraging and value creation.” Result PDF
25-01-2024
Bigul

Vedanta Limited - 500295 - Re-Appointment Of RTA

Please find enclosed.
25-01-2024
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