Vedanta Resources profit rises 3 pct to $1.1 bn

Jan 31 2014, 16:44 IST
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Vedanta Resources, which operates the business through Sesa Sterlite, resumed operations at the Karnataka mine on December. Vedanta Resources, which operates the business through Sesa Sterlite, resumed operations at the Karnataka mine on December.
SummaryVedanta Resources today said its core profit in the last quarter was $1.111 billion.

per cent in the last quarter due to improved operational efficiencies at the smelters, the company said.

Vedanta Resources added that mined metal production is expected at around 900 kilo tonnes in the current fiscal, "reflecting slower than expected ramp up of underground mining project and some change in mining sequence wherein preference has been given to primary mine development during this period".

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