Lower Realisations & Higher Cost Of Production To Impact Vedanta's Q2FY23 Earnings | Latest News

Vedanta's Consolidated revenues are expected to decline nearly 10% sequentially. Margins could come in at 21% vs 26% in Q1FY23. Aluminum prices fell 18% QoQ while crude, zinc & lead prices also fell anywhere between 11 to 18% sequentially leading to lower realisations this quarter. Commentary on Measures to reduce COP of the Aluminium segment and any update on the opening up of thermal coal mines will be crucial to watch out for in terms of management commentary. The oil and gas segment is also expected to be impacted due to lower crude oil prices and the imposition of windfall tax by the government. #ETNow #LatestNews #Vedanta Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com