Vedanta Metals and Oil Profit Strong in Q2; Steel and Power Lag
Vedanta's metals and oil and gas businesses posted strong earnings in Q2, driven by higher commodity prices and cost rationalization. Hindustan Zinc and Vedanta Aluminium more than doubled profits, while Vedanta Oil and Gas returned to profit despite production declines. The company plans to start alkaline surfactant polymer injection soon to boost oil output and is exploring new oil opportunities in northeast India.
Mint Companies··Mumbai


