💨 Abstract

Indian mining conglomerate Vedanta Ltd reported a larger-than-anticipated Q2 profit, boosted by increased metals prices despite slow demand. The net profit was INR 43.52 billion ($516 million), surpassing analysts' average estimate of INR 23.67 billion. Higher prices of aluminium, zinc, and copper, Vedanta's main businesses, contributed to the profit.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖