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Vedanta's quarterly core earnings rise about 48 percent

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Reuters
Last Updated : Aug 23 2017 | 11:57 AM IST

(Reuters) - Diversified miner Vedanta Resources said its quarterly core earnings jumped about 48 percent as zinc production at its Indian unit nearly doubled.

The company, which mines zinc in Rajasthan, said earnings before interest, tax, depreciation and amortization rose to $777.8 million in the first quarter ended June 30, from $527.1 million a year earlier.

The company said revenue rose 32 percent to $3.08 billion.

(Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Amrutha Gayathri)

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First Published: Aug 23 2017 | 11:45 AM IST

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