Q4FY21 Company Update - Vedanta - ICICI Direct

Vedanta reported a steady operational performance in Q4FY21. For Q4FY21, Vedanta's consolidated total operating income was at Rs. 28206 crore, up 43% YoY and 24% QoQ. Consolidated EBITDA for the quarter was at Rs. 9037 crore, up 99% YoY, 17% QoQ. Consolidated EBITDA margin for Q4FY21 was at 32% compared to 23% in Q4FY20 and 34% in Q3FY21. Ensuing PAT before exceptional items was at Rs. 7013 crore. Vedanta's Q4FY21 consolidated topline was up 24% QoQ, 43% YoY, primarily due to higher volume at the aluminium business, Zinc India, iron ore business, higher power sales at Talwandi Sabo Power (TSPL) and improved commodity prices. EBITDA for Q4FY21 was up 17% QoQ, 99% YoY, primarily due to higher volume at Zinc India, aluminium and iron ore business along with higher commodity and oil prices in Q4FY21.

For details, click on the link below: Link to the report

Shares of Vedanta Limited was last trading in BSE at Rs.285.5 as compared to the previous close of Rs. 278.8. The total number of shares traded during the day was 899969 in over 9024 trades.

The stock hit an intraday high of Rs. 288.15 and intraday low of 279.95. The net turnover during the day was Rs. 255957421.

Source : Equity Bulls

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