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Vedanta Limited Announces 2Q and 1H FY24-25 Results
2QFY25 & 1HFY25 Operational Highlights
Facor
Ferro Chrome Ore production at 38 kt ~2x YoY, Ferro Chrome production at 26 kt up 18% YoY.
Iron ore
Saleable ore production at 1.3 million tonnes, up 7% YoY and 3% QoQ .
Steel
Production adversely impacted due to the planned shutdown on account of the debottlenecking of Steel Melting Shop and maintenance of Oxygen Plant in 2Q.
Commenting on 2QFY25 results, Arun Misra, Executive Director Vedanta Limited said, “Vedanta is proud to report our highest-ever first-half EBITDA of ?20,639 crore with 46% growth YoY. The second half of this year will be a transformative period with our major growth and integration projects coming online and ramping up. Through our structural interventions and initiatives, we have significantly reduced our cost of production over the past 12-15 months, and we will continue this trend in the coming quarters. As we move forward, operational excellence, sustained growth, and ESG leadership remain our strategic priorities. With a rich, diversified asset portfolio, a stronger balance sheet, and ongoing growth projects, we are well-positioned to deliver exceptional overall performance.”
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- [Editor:邢亞敏]
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