Earnings Alerts

Vedanta Ltd (VEDL) Earnings Disappoint as 4Q Net Income Misses Projections with a 27% Yearly Decrease

  • Vedanta’s net income for Q4 was 13.69 billion rupees, a 27% decline compared to the same period last year.
  • The Q4 net income missed the estimate of 18.7 billion rupees.
  • Vedanta’s revenue came in at 349.37 billion rupees, also down by 6.2% year over year.
  • The revenue slightly exceeded the estimate, which was pegged at 344.95 billion rupees.
  • Total costs for the quarter were 318.99 billion rupees, showing a decrease of 3.5% from the previous year.
  • The finance cost noted for the company was 24.15 billion rupees, which is an increase of 33% year over year.
  • The estimated finance cost was a little higher at 25.05 billion rupees.
  • Other income for the quarter was reported as 5.84 billion rupees, marking a decrease of 17% year over year.
  • Stock ratings for the company comprises of 8 buys, 3 holds, and 2 sells.
  • All the current results and comparisons are based on values reported by the company’s original disclosures.

A look at Vedanta Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using the Smartkarma Smart Scores have assessed Vedanta Ltd‘s long-term outlook by evaluating key factors. With a strong dividend score of 5 and robust momentum score of 5, the company appears well-positioned for growth and sustainable returns for shareholders. Vedanta’s focus on dividend payments reflects a commitment to rewarding investors while the momentum score suggests positive market sentiment.

However, the company’s resilience score of 2 raises some concerns about its ability to weather economic uncertainties. On the positive side, Vedanta’s growth score of 4 indicates potential for expansion in the future. Overall, despite some challenges in resilience, Vedanta Ltd receives favorable scores in vital areas, boding well for its future performance in the base metals sector.

### Vedanta Limited mines, produces, and exports base metals. The Company mines and distributes metals such as zinc, iron ore, copper, silver, and aluminum, as well as operates power plants. Vedanta markets its products worldwide. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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