Vedanta Q1 core earnings rise marginally

Revenue increases 7% to $3.06 bn

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 zinc and copper.

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% to $3.06 billion.