Vedanta’s Q4 net profit surged 154% YoY to Rs 3,483 crore, driven by operational efficiency and strong performance across key verticals, with revenue rising 14% to Rs 40,455 crore. The company achieved its highest EBITDA margin in 12 quarters at 35%. Despite positive annual returns, Vedanta’s stock has shown short-term weakness, declining over the past few months.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the