The record date for the purpose of payment of dividend is Tuesday, 10 September 2024. At yesterday's closing price of Rs 468.25, the said dividend translates to a dividend yield of 4.27%.
Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia.
The diversified metal company reported 54.02% increase in net profit to Rs 5,095 crore in Q1 FY25 as against Rs 3,308 crore in Q1 FY24. Revenue from operations grew by 5.68% YoY to Rs 35,239 crore in Q1 FY25.
The scrip declined 1.06% to end at 463.30 on Monday, 2 September 2024.
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