Metal and mining company Vedanta Limited’s consolidated net profit in the second quarter (July-September) of FY 2024-25 increased to ? 5,603 crore on an annual basis (YoY). In the same quarter a year ago, the company had a loss of ? 915 crore. Vedanta has released its second quarter results today i.e. on 8 November. The consolidated revenue from the company’s operations has decreased by 3.56% on an annual basis. Revenue stood at ? 37,171 crore in the second quarter Revenue from operations in the second quarter of FY25 stood at ? 37,171 crore. In the same quarter a year ago i.e. in the second quarter of FY24, the revenue was ? 38,546 crore. Vedanta gave 93.27% return in one year Vedanta’s stock closed 0.09% higher at ? 458 today. In the last one year, the company’s stock has given a return of 93.27% to its investors. In the last 6 months, the stock has risen by 13.21%. The market cap of the company is Rs 1.79 lakh crore. What is standalone and consolidated? The results of companies come in two parts – standalone and consolidated. In standalone, the financial performance of only one unit is shown. Whereas, in consolidated or consolidated financial report, the report of the entire company is given. The chairman and founder of Vedanta is Anil Agarwal. Vedanta is one of the world’s largest companies manufacturing zinc, lead, aluminum and silver. Its founder and chairman Anil Agarwal is known as the Metal Man of India. Its Chief Executive Officer (CEO) is Sunil Duggal.
