Vedanta first-quarter core earnings rise marginally

Last Updated: Wednesday, July 30, 2014 - 13:16

Diversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in its zinc and Zambian copper businesses.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to USD 1.04 billion for the quarter ended June 30 from USD 1.03 billion a year earlier.

Revenue increased 7 percent to USD 3.06 billion.

Reuters
First Published: Wednesday, July 30, 2014 - 12:18

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