Business Update4 Oct 2024, 02:15 pm
Vedanta Limited Reports Highest-Ever Aluminium and Zinc Production in Q2 and H1 of FY25
AI Summary
Vedanta Limited has announced its production numbers for the second quarter and half year ended September 30, 2024. The company has achieved record aluminium production of 1205 kt in H1, while alumina production jumped 21% YoY. Zinc India recorded a new high for mined metal and refined metal production increased by 5% YoY to 524 kt in H1. Power sales increased 10% YoY in H1 supported by higher generation from thermal plants. Ferrochrome production jumps 70% YoY to 53 kt driven by commissioning of the new furnace.
Key Highlights
- Record half-yearly Alumina production of 1039 kt (+21% YoY), and Aluminium production of 1,205 kt (+3% YoY) in the first half
- Highest-ever second quarter mined and refined metal production in Zinc India
- Power sales increase 10% YoY in 1H supported by higher generation from thermal plants
- Ferrochrome production jumps 70% YoY to 53 kt driven by commissioning of the new furnace
- Oil & Gas volumes under OALP arrangement rise to 3.8 kboepd in 1H, supported by ramp up of Jaya oilfield