Mining conglomerate Vedanta Resources on Friday reported 42% decline in consolidated net profit at Rs 3,092 crore for the quarter ending December 31, 2022 as against Rs 5,354 crore in the year-ago period. The company’s revenue from operations stayed nearly flat at Rs 33,691 crore in Q3FY23 as compared to Rs 33,697 crore in Q3FY22.
The Anil Agarwal-led company announced an interim dividend of Rs 12.5 per share.
The company’s scrip on BSE closed 1.8% lower at Rs 320.45.