Vedanta Sees 72% Profit Jump on Metal Price Surge

Vedanta Limited reported a significant surge in its financial performance for the first quarter of this year. The company's net profit rose by 72% to ₹54.73 billion compared to the same period last year, driven primarily by higher metal prices and improved margins.

The revenue for the quarter also increased by 51% to ₹234.56 billion, reflecting strong demand across core segments such as zinc, copper, and other metals.

Arun Misra has been appointed as the CEO of Vedanta for a term of one year, coinciding with this period of financial growth. His role will focus on sustaining performance levels while managing operational and market variables within the global commodities sector.