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This is an archive article published on February 1, 2012

Vedanta gross profit falls by 4.72

Vedanta Resources reported a decline of 4.72 per cent in consolidated gross profit at 848.40 million for the quarter ended December 31,2011

Vedanta Resources today reported a decline of 4.72 per cent in consolidated gross profit at 848.40 million for the quarter ended December 31,2011,largely due to lower realisations from its aluminium business and Zambian copper operations. In a statement,the company said gross profit or EBITDA also includes 131 million earned from Cairn India,which was acquired by Vedanta group last year.

 

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