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HomeNewsBusinessEarningsVedanta's Q3 profit seen up 28% at Rs 2,394 crore

Vedanta's Q3 profit seen up 28% at Rs 2,394 crore

At the operating level, it could rise 11 percent at Rs 6,504 crore against Rs 5,879 crore.

January 31, 2018 / 13:17 IST

Vedanta could post 28 percent rise in Q3 profit at Rs 2,394 crore against Rs 1,866 crore in the previous year, according to a poll of analysts by CNBC-TV18.

Meanwhile, revenue from operations may rise 15.4 percent at Rs 23,539 crore versus Rs 20,393 crore.

At the operating level, it could rise 11 percent at Rs 6,504 crore against Rs 5,879 crore.

The margin could contract at 27.6% against 28.8%.

Factors:

- Vedanta to benefit from volume ramp-up and commodity price increases

- Vedanta to report a healthy performance marked by higher base metal prices both YoY and QoQ

Key issues to watch for

- Progress on ramp-up of 1.25mtpa smelter

- Movement in base metal prices

first published: Jan 30, 2018 06:47 pm

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