Company Profile For Vedanta Resources plc

Vedanta Resources plc (VED.L) (London Stock Exchange)

sector: Basic Materials · industry: Mining & Metals - Specialty ·

As of 9:55pm IST

2,357.00GBp

Price Change

-62.00

Percent Change

-2.56%

Analyst Recommendations

Overview

Vedanta Resources plc is United Kingdom-based company. The Company is the parent company of a diversified metals and mining companies. The Company is organized in five segments: aluminium, copper, zinc, iron ore and others. Aluminum includes bauxite mining, alumina refining and aluminum smelting operations in India. Copper include smelting and refining operations in India, copper ore mining in Australia and an integrated copper production operation in Zambia. Zinc includes zinc-lead mining and smelting operations in India. Iron ore include iron ore mine in India. The Company acquired Zambia Copper Investment Limited’s 28.4% stake in Konkola Copper Mines PLC in April 2008.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Vendanta Resources plc's revenues increased 25% to $2.98B. Net income decreased 46% to $188.2M. Revenues reflect decrease in Aluminum, Copper, Zinc and Iron Ore segments. Net income also reflects decrease in gross profit, increase in administrative expenses, the presence of special items, lower operating profit and the decrease in investments revenues.