Vedanta Consolidated December 2022 Net Sales at Rs 34,102.00 crore, up 0.01% Y-o-Y
NULL28-01-2023
Vedanta net down 42% to 3,092 cr on lower realisation
Company to pay 4th interim dividend of 12.50 a share27-01-2023
Vedanta Limited - 500295 - Vesting 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) Regulation, 2015, please find enclosed the details for the vesting of the Employee Stock Option Grants 2019 under Vedanta Limited Employee Stock Option Scheme- 2016.27-01-2023
Q3FY23 Quarterly Result Announced for Vedanta Ltd.
Aluminium and aluminium products firm Vedanta announced Q3FY23 results: Consolidated Q3FY23: Quarterly revenue of Rs 33,691 crore Quarterly EBITDA of Rs 7,100 crore with EBITDA margin of c.24%. Profit after tax grew 15% QoQ to Rs 3,092 crore Generated robust free cash flow (pre-capex) of Rs 6,504 crore in Q3FY23 Continue to maintain strong double-digit return on capital employed ~23% Net Debt/EBITDA of 0.96X, maintained at low level Contributed to exchequer ~Rs 55,000 crore in 9MFY23 Proactive commodity hedging for risk management, recorded ~Rs 2,950 crore gain in 9MFY23 Highest dividend yield among peers; Rs 81 per share FY23 dividend including 4th interim dividend of Rs 12.5/share Continue to maintain healthy cash and cash equivalents of Rs 23,474 crore as of Q3FY23. Mr Sunil Duggal, Chief Executive Officer, Vedanta, said “we have delivered a strong set of financial results and steady operational performance in challenging macroeconomic environment. Our quarterly Profit after tax grew 15% on sequential basis to Rs 3,092 crore; free cash flow (pre capex) stood at Rs 6,504 crore with focus on working capital and cost optimization. Our ESG initiatives have been recognized by several major external rating agencies. We have approved plans for another 941 MW RE power under group captive RE power development program. I am also happy to share that Vedanta and Hindustan Zinc Limited Boards have taken strategic initiative to consolidate Zinc International under Hindustan Zinc. It will be a win-win transaction, unlocking significant value for both Vedanta Limited and Hindustan Zinc Limited shareholders.” Result PDF27-01-2023
Vedanta Limited - 500295 - Tie Up For Long Term Renewable Power Supply For The Vedanta Group
The Board of Directors of the Company has approved plans for the Group to source 91 MW Hybrid Renewable Power (50 MW for Aluminium Operations, 16 MW for Copper Operations and 25 MW for Oil & Gas Operations) and 600 MW Solar Power (for Aluminium Operations) (Renewable Energy) for its Aluminium Jharsuguda, Copper and Oil & Gas operations across India. Enclosed is the detailed filing.27-01-2023
Vedanta Limited - 500295 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board of Directors, on the recommendation of Nomination and Remuneration Committee of the Company, has considered and approved the following: a) Re-appointment of Ms. Padmini Sekhsaria (DIN: 00046486) as Non-Executive Independent Director on the Board of the Company for a 2nd and final term of 2 years effective from February 05, 2023 to February 04, 2025, subject to the approval of shareholders; and b) Re-appointment of Mr. Dindayal Jalan (DIN: 00006882) as Non-Executive Independent Director on the Board of the Company for a 2nd and final term of 3 years effective from April 01, 2023 to March 31, 2026, subject to approval of the shareholders. A brief profile of Ms. Padmini Sekhsaria and Mr. Dindayal Jalan is enclosed.27-01-2023
Vedanta Limited - 500295 - Corporate Action-Board approves Dividend
The Board of Directors of the Company has approved the Fourth Interim Dividend of ? 12.50 per equity share i.e. 1250% on face value of Re. 1/- per share for the financial year 2022-23 amounting to c. ? 4,647 Crores. The record date for the purpose of payment of dividend is Saturday, February 04, 2023. The interim dividend will be paid within the stipulated timelines as prescribed under law.27-01-2023
Vedanta Limited - 500295 - Board Meeting Outcome for Outcome Of Board Meeting - January 27, 2023
Outcome of Board Meeting - January 27, 202327-01-2023
Vedanta Limited - 500295 - Outcome Of Board Meeting - January 27, 2023
The Board of Directors of Vedanta Limited ('the Company') at its meeting held today, i.e. January 27, 2023 has considered and approved the Unaudited Consolidated and Standalone Financial Results of the Company for the Third Quarter and Nine Months ended December 31, 2022.27-01-2023
Hamari betiyon ka raaj': Anil Agarwal says women leading the country, companies, and communities
Vedanta's Anil Agarwal said that Indian women were reaching new heights, from creating successful businesses to protecting the country at Siachen.26-01-2023