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Vedanta first-quarter core earnings rise marginally

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Reuters
Last Updated : Jul 30 2014 | 1:26 PM IST

REUTERS - Diversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in its zinc and Zambian copper businesses.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $1.04 billion for the quarter ended June 30 from $1.03 billion a year earlier.

Revenue increased 7 percent to $3.06 billion.

(Reporting by Karen Rebelo in Bangalore; Editing by Robin Paxton)

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First Published: Jul 30 2014 | 1:12 PM IST

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