Vedanta’s consolidated net profit for the third quarter rose 26.2 per cent to Rs 4,164 crore as against Rs 3,299 crore in the same period last year.
Vedant Q3 Result: Vedanta Limited, the leading metal sector company, has announced the results of the third quarter of the current financial year on Friday. The company’s consolidated net profit grew by 26.2 per cent to Rs 4,164 crore in the October-December quarter of FY 2021-22 as against Rs 3,299 crore in the same period last year. Vedanta Ltd. has reported in a BSE filing that its consolidated income increased to Rs 34,674 crore during the October-December period from Rs 23,621 crore in the year-ago period.
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company statement
Sunil Duggal, CEO of the company, said, “We are pleased to announce that we have taken a number of steps over the past three months to drive the ESG transformation that was laid out in the previous quarter. With a commitment to transform the planet and become a net-zero carbon emission by 2050 or earlier, the focus is on renewable energy, fuel switches, tree planting and afforestation, driving the pace of decarbonization in business.”
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He further added that the company has worked towards reinforcing its commitment to bring best-in-class expertise and transforming communities and workplaces by forging several partnerships.
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