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Vedanta Resources cuts debt by $4.7 bn
Mint Mumbai
|November 11, 2024
Vedanta's zinc and aluminum production volumes have also reached record levels, says Anil Agarwal
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Debt at Vedanta Resources, the parent firm of Mumbai-listed mining conglomerate Vedanta Ltd, has been cut by $4.7 billion in two years, as financial discipline helped deleverage the group, chairman Anil Agarwal said. In a letter to shareholders, he said Vedanta delivered its highest-ever earnings before interest, taxes, depreciation and amortization (Ebitda) of ₹20,639 crore in the first half of FY25 as a result of "focus on achieving higher production levels and driving operational excellence, as well as successfully navigating the dynamic global environment".
Esta historia es de la edición November 11, 2024 de Mint Mumbai.
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