Vedanta Ltd reports increased aluminium, zinc, and iron ore production in Q3, but steel falls due to shutdowns.

Vedanta Ltd reported increased production of aluminium (up 3% to 609,000 tonnes), zinc (to 262,000 tonnes), and iron ore (to 1.3 million tonnes) in the September quarter. However, steel production fell 22% due to planned shutdowns. The company achieved record half-yearly aluminium production of 1,205 kt, with significant gains in alumina and zinc outputs. Vedanta operates in multiple countries and has seen substantial stock growth over the past year.

6 months ago
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