Vedanta revenue rises 21pc, but net profit halves on commodity prices, damage taxes, Auto News, ET Auto. | Biden News

Vedanta revenue rises 21pc, but net profit halves on commodity prices, damage taxes, Auto News, ET Auto.

 | Biden News

[ad_1] Revenue grew 21 percent to Rs 36,237 crore. New Delhi : Mining conglomerate Vedanta Ltd on Friday reported more than halving its second-quarter net profit as it faced twin winds of falling commodity prices and rising energy costs while the government slapped an impressive profit margin on oil. Consolidated net profit was at 2,690 … Read more