Vedanta Resources: 9-Month Results on Track


Vedanta Resources PLC (VED LN) (Vedanta) 9M FY18 results, ended last December, were within our expectation. Zinc and oil businesses contributed 77% of EBITDA driven by buoyant commodity prices. We expect the company’s EBITDA to continue improving in 2018 on favorable zinc and oil prices.

Read more at:https://www.smartkarma.com/insights/vedanta-resources-9-month-results-on-track