Vedanta Ltd posts consolidated net profit of Rs. 4421 crores in Q1FY23

Vedanta Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 39355 crores during the period ended June 30, 2022 as compared to Rs. 40433 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4421 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 5799 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 11.84 for the period ended June 30, 2022 as compared to Rs. 15.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 39355 crs	₹40433 crs	-2.67%
Net Profit	₹4421 crs	₹5799 crs	-23.76%
EPS	₹11.84	₹15.56	-23.91%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 39355 crores during the period ended June 30, 2022 as compared to Rs.29151 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4421 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.4224 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.11.84 for the period ended June 30, 2022 as compared to Rs.11.31 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 39355 crs	₹29151 crs	35.00%
Net Profit	₹4421 crs	₹4224 crs	4.66%
EPS	₹11.84	₹11.31	4.69%

Shares of Vedanta Limited was last trading in BSE at Rs. 245.50 as compared to the previous close of Rs. 243.55. The total number of shares traded during the day was 933881 in over 12176 trades.

The stock hit an intraday high of Rs. 247.60 and intraday low of 240.60. The net turnover during the day was Rs. 228229555.00.

Source : Equity Bulls

Keywords

Vedanta Q1FY23 ResultUpdate VEDL