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Vedanta Q3 profit comes in at Rs.2,173 crore

Vedanta has posted 1% YoY increase in profit after tax (PAT) at Rs.2,173 crore for the quarter ended December 31,2017. On a sequential basis, profit growth was reported at 7%.

Last year, in the corresponding quarter it had posted Rs.2,148 crore profit. Revenue for the quarter increased 19% YoY to Rs.24,361 crore. EBITDA margin came in at 35%.

Further, the comp nay reported a strong free cash flow of Rs.4,662 crore. Gross debt stood at Rs.55,218 crore on December 31,2017.

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