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Vedanta standalone net profit rises 576.62% in the March 2016 quarter

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Capital Market

Sales decline 3.00% to Rs 7777.96 crore

Net profit of Vedanta rose 576.62% to Rs 3882.37 crore in the quarter ended March 2016 as against Rs 573.79 crore during the previous quarter ended March 2015. Sales declined 3.00% to Rs 7777.96 crore in the quarter ended March 2016 as against Rs 8018.35 crore during the previous quarter ended March 2015.

For the full year,net profit rose 183.93% to Rs 5471.88 crore in the year ended March 2016 as against Rs 1927.20 crore during the previous year ended March 2015. Sales declined 8.32% to Rs 29680.01 crore in the year ended March 2016 as against Rs 32372.84 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales7777.968018.35 -3 29680.0132372.84 -8 OPM %14.4912.36 -13.1614.30 - PBDT6847.69416.78 1543 9188.282981.57 208 PBT6349.00614.06 934 7970.311969.90 305 NP3882.37573.79 577 5471.881927.20 184

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First Published: Apr 28 2016 | 4:42 PM IST

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