Vedanta Q3 Preview: Here's what to expect from mining major in December qtr

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Vedanta Q3 Preview: Here's what to expect from mining major in December qtr - Business Standard

Quick Summary:

A day ahead of the results, Vedanta shares were in demand, as the scrip rose up to 1.62 per cent to hit an intraday high of Rs 437.

Meanwhile, adjusted profit is anticipated to decline 10.3 per cent Y-o-Y and 0.6 per cent Q-o-Q to Rs 3,171.9 crore (down from Rs 3,535 crore in Q3FY24 and Rs 3,192 crore in Q2FY25).

Iron ore Ebitda is forecast to rise 73 per cent Q-o-Q, driven by a 45 per cent volume increase.