Feb 14, 2017 08:00 AM IST
Management's commentary is important to watch out for than results. Majority of earnings' contribution come from Hindustan Zinc and Cairn India, wherein Vedanta owns 65 percent and 59 percent stake, respectively. Both companies' results beat analysts' expectations.
- Feb 09, 2017 05:26 PM IST
Operating profit is likely to increase 89 percent to Rs 2,800 crore and margin may expand 1,180 basis points to 54.9 percent compared with year-ago quarter due to normalisation in production and higher product prices. Cost of production is expected to be lower due to operating leverage coming from higher volume.
- Jan 17, 2017 12:39 PM IST
Net Sales are expected to increase by 36.7 percent Q-o-Q (up 40.5 percent Y-o-Y) to Rs 4820 crore, according to Religare.
- Jan 17, 2017 12:00 PM IST
Net Sales are expected to increase by 61.4 percent Q-o-Q (up 65.9 percent Y-o-Y) to Rs 5690.4 crore, according to Motilal Oswal.
- Jan 13, 2017 05:44 PM IST
Net Sales are expected to increase by 36.7 percent Q-o-Q (up 54.5 percent Y-o-Y) to Rs 5298.8 crore, according to Edelweiss.
- Oct 28, 2016 10:51 AM IST
Vedanta, an associate company of the London Stock Exchange listed diversified resources group Vedanta Resources Plc, is expected to report a 5 percent degrowth in second quarter profit at Rs 930 crore and a 6 percent fall in revenue at Rs 15,519.3 crore on yearly basis, according to analysts polled by CNBC-TV18.
- Oct 20, 2016 01:26 PM IST
Normally Hindustan Zinc spends USD 200-225 million on mining expansion every year. But according to Duggal, the spending may rise to USD 300-320 million.
- Oct 19, 2016 10:33 AM IST
Hindustan Zinc, a subsidiary of Vedanta Resources Plc, is likely to report a 35 percent degrowth year-on-year in profit at Rs 1,491 crore for July-September quarter, according to average of estimates of analysts polled by CNBC-TV18.
- Oct 08, 2016 03:49 PM IST
Sales are expected to increase by 40.1 percent Q-o-Q (down 12.1 percent Y-o-Y) to Rs 3545.1 crore, according to ICICI Securities.
- Jul 29, 2016 10:00 AM IST
Analysts say commodity prices may drive earnings of the company but profitability already discounted as Hindustan Zinc and Cairn results announced. Hence, commentary on Cairn merger and debt repayment will be closely watched.
- Jul 21, 2016 11:48 AM IST
Hindustan Zinc will focus on increasing recoveries from silver as well as Zinc mines, says Sunil Duggal, CEO and Wholetime Director of the company.
- Jul 20, 2016 09:42 AM IST
Operating profit is expected to slip 35 percent to Rs 1,076 crore due to lower volume on ongoing mine development. Margin may contract by 330 basis points at 42.4 percent on annual basis.
- Jul 15, 2016 04:38 PM IST
Sales are expected to decrease by 12.7 percent Q-o-Q (down 24.7 percent Y-o-Y) to Rs 2734.3 crore, according to ICICI Securities
- Jan 21, 2016 10:52 AM IST
Operating profit may drop 27 percent to Rs 1,525 crore during the quarter and margin may shrink 930 basis points to 44.9 percent compared to year-ago period.
- Oct 27, 2015 09:38 AM IST
Analysts fell profitability already priced in Hindustan Zinc and Cairn India results. Even more than 80 percent of operating profit already priced in from both companies.
- Oct 23, 2015 10:55 AM IST
Hindustan Zinc Limited is on track to achieve volume guidance that it had outlined last year, which is 900-950 kiloton, CEO Sunil Duggal told CNBC-TV18.
- Oct 19, 2015 10:28 AM IST
Analysts polled by CNBC-TV18 poll say that reversal of higher DMF provisions will aid margins. DMF has been notified at 30 percent of royalty but in Q1FY16 the company was providing for DMF at 50 percent.
- Jul 29, 2015 11:04 AM IST
Its profitability is solely driven by Hindustan Zinc and Cairn India, wherein company owns 65 percent and 59 percent stake, respectively. Both companies contribute around 75 percent of the total EBITDA of Vedanta.
- Jul 20, 2015 09:47 AM IST
Operating profit in Q1 may jump 12.8 percent to Rs 1,525 crore but margin may decline 370 basis points to 41.3 percent compared to same quarter last year.
- Apr 29, 2015 08:40 AM IST
Vedanta's (earlier known as Sesa Sterlite) fourth quarter profit is likely to fall 57 percent year-on-year to Rs 690 crore due to weak earnings from Cairn India, according to a CNBC-TV18 poll.
- Jan 30, 2015 12:59 PM IST
Tom Albanese, chief executive officer, Sesa Sterlite, says he expects iron ore mining to start sooner in Karnataka than in Goa.
- Jan 28, 2015 08:50 PM IST
Vedanta Group‘s Sesa Sterlite is expected to report a 21 percent drop in third-quarter net profit to Rs 1,480 crore (versus Rs 1,860 crore year-on-year) while revenues are expected to come in flat at Rs 19,300 crore (compared to Rs 19,523 crore), according to a CNBC-TV18 poll of analysts.
- Jan 19, 2015 01:00 PM IST
Hindustan Zinc's third quarter profit after tax is expected to jump 24.2 percent year-on-year to Rs 2,140 crore, according to the average of estimates of analysts polled by CNBC-TV18. Analysts expect higher other income led by mark-to-market gains on debt instruments.
- Oct 20, 2014 11:38 AM IST
Revenue is likely to be flat at Rs 3,560 crore in the quarter ended September 2014 compared to Rs 3,559 crore in same quarter last year.
- Jan 16, 2014 07:05 PM IST
Profit after tax may grow 8.5 percent year-on-year to Rs 1,750 crore on net sales of Rs 3,520 crore (12.1 percent growth) in the quarter ended December 2013.