Vedanta records alumium production of 6.09 lakh tonnes in Q2

04 Oct 2024

Vedanta records alumium production of 6.09 lakh tonnes in Q2

The alumina production at Lanjigarh refinery was at 4,99,000 tonnes, up 7.54% YoY, and down 7.42% QoQ. The saleable metal production was at 2,62,000 tonnes in Q2 FY25, up 8.71% YoY while remains same QoQ, said the company.

Zinc India's mined metal production in the second quarter stood at 256,000 tonnes, up 2% YoY and down 2% QoQ. Refined zinc production came in at 1,98,000 tonnes, up 7% YoY and down 6% QoQ.

Silver production was at 184 tonnes, up 2% YoY and 10% QoQ.

The mined metal of Zinc International slipped 34% YoY to 44,000 tonnes in Q2 FY25.

In Oil & Gas, the company's average daily gross operated production declined 22% YoY to 104.9 thousand barrels of oil equivalent per day (kboepd).

Saleable iron ore production in Karnataka stood at 1.3 million tonnes, up 7% YoY and 3% QoQ.

Pig Iron production fell 13% YoY at 1,89,000 tonnes, which was adversely impacted due to maintenance activity.

In Power segment, overall power sales were up 7% YoY and down 10% QoQ at 4,322 million units. Wind power generation was at 129 million units, down 18% YoY but up 19% QoQ, due to weather conditions.

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.

Shares of Vedanta rose 0.20% to Rs 512.80 on the BSE.

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