Vedanta full-year core earnings more than double

London, May 16: India-focused miner Vedanta Resources Plc met forecasts with a 145 per cent rise in annual core earnings, driven by high prices and volume growth, and said on Wednesday global demand for metals remained strong.

Vedanta said in a statement earnings before interest, tax, depreciation and amortisation (EBITDA) rose to London, May 16: India-focused miner Vedanta Resources Plc met forecasts with a 145 per cent rise in annual core earnings, driven by high prices and volume growth, and said on Wednesday global demand for metals remained strong.

Vedanta said in a statement earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $2.703 billion in the year to March 31, on revenues up 76 per cent to $6.5 billion.

Vedanta will pay a final dividend of 20 cents, making the total dividend 75 percent higher at 35 cents.

Reuters .703 billion in the year to March 31, on revenues up 76 per cent to .5 billion.

Vedanta will pay a final dividend of 20 cents, making the total dividend 75 percent higher at 35 cents.

Reuters >