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Vedanta Q1 revenue dips by 23% to $2.874 billion

Hit by lower realisations across various business verticals, Vedanta Resources' revenue dipped by 23 percent during the first quarter at USD 2.874 billion compared to USD 3.746 billion a year earlier.

Vedanta core profit $4.89 bn in FY'13; Cairn contributes 49%

The natural resources giant had reported USD 4.026 billion core profit or EBITDA (earnings before interest, taxes, depreciation and amortisation) in 2011-12.