Don’t miss the latest developments in business and finance.

Vedanta first-half core earnings, revenue fall

Image
Reuters
Last Updated : Nov 15 2013 | 1:28 PM IST

REUTERS - Mining conglomerate Vedanta Resources Plc reported a fall in core earnings and revenue for the first half of the year.

The London-listed miner said core earnings or earnings before interest, tax, depreciation and amortisation (EBITDA) fell 14 percent to $2.21 billion from $2.57 billion a year earlier.

Revenue fell 17 percent to $6.16 billion for the six months ended Sept 30.

(Reporting by Karen Rebelo in Bangalore; Editing by Supriya Kurane)

More From This Section

First Published: Nov 15 2013 | 1:19 PM IST

Next Story