Vedanta Q3 results today: Is Dalal Street eyeing for something beyond earnings?

January 25, 2024

Vedanta Ltd is set to release its earnings today, with focus on its ability to meet debt obligations. The mining conglomerate is expected to report consolidated revenue of Rs 33,676-35,477 crore and a net profit between Rs 974 crore and Rs 1,589 crore. Operating profit is projected to be in the range of Rs 6,667 crore to Rs 7,988 crore. Vedanta reduced its net debt by Rs 1,420 crore in the September quarter, but debt reduction remains a primary concern for the market.

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