{"id":97226,"date":"2018-10-31T11:15:48","date_gmt":"2018-10-31T11:15:48","guid":{"rendered":"http:\/\/www.bnreport.com\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/"},"modified":"2018-10-31T11:15:48","modified_gmt":"2018-10-31T11:15:48","slug":"vedanta-to-announce-q2-results-today-heres-what-to-expect","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/","title":{"rendered":"Vedanta to announce Q2 results today; heres what to expect"},"content":{"rendered":"

Vedanta is slated to announce its financial results for the quarter ended September 30 later on Wednesday. Market experts believe the company may report over 30 per cent drop in profit with a mid-single-digit dip in net sales. <\/p>\n

Brokerage firm Edelweiss<\/a> Securities projects a 42.90 per cent year-on-year fall in core profit after tax at Rs 1,125.80 crore against Rs 1,970.10 crore profit reported for the corresponding quarter last year. The brokerage also projected 4.7 per cent and 4.5 per cent YoY drop in revenue and EBITDA. <\/p>\n

\u201cWe expect EBITDA to decline due to erosion in zinc prices and cost pressure on aluminium business. The oil & gas business, however, is expected to deliver another quarter of solid performance buoyed by favourable oil prices. The power divisions performance is expected to remain stable while that of iron ore and copper are expected to lag,\u201d Edelweiss Securities said in a report. <\/p>\n

Shares of the company traded 0.99 per cent higher at Rs 213.25 at around 9.40 am (IST), while the BSE Sensex rose 0.14 per cent to 33,938.71 around the same time. <\/p>\n

Kotak Institutional Equities projected 33 per cent YoY fall in adjusted net profit with 7 per cent YoY dip in net sales. It sees 8 per cent dip in EBITDA on QoQ basis, while expect 2 per cent rise on YoY basis. <\/p>\n

\u201cWe expect sequential decline in EBITDA due to lower aluminium EBITDA of Rs 610 crore (+33 per cent yoy, -52 per cent QoQ) on account of increase in alumina, coal costs, decline in HZ's EBITDA (Rs 2,410 crore, -12% QoQ) and (3) lower EBITDA in iron-ore operations. <\/p>\n

It estimates EBITDA from oil and gas operations to increase 18 per cent QoQ to Rs 2180 crore (+85% YoY) led by higher crude prices and volumes. \u201cWe expect power EBITDA to increase 12 per cent qoq to Rs 480 crore led by higher generation,\u201d Kotak said in a report. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

Vedanta is slated to announce its financial results for the ..<\/p>\n","protected":false},"author":1,"featured_media":97227,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-97226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nVedanta to announce Q2 results today; heres what to expect - Business News Report<\/title>\n<meta name=\"description\" content=\"Vedanta is slated to announce its financial results for the ..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vedanta to announce Q2 results today; heres what to expect - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Vedanta is slated to announce its financial results for the ..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-31T11:15:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/10\/photo-2-22.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1070\" \/>\n\t<meta property=\"og:image:height\" content=\"580\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Vedanta to announce Q2 results today; heres what to expect\",\"datePublished\":\"2018-10-31T11:15:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/\"},\"wordCount\":314,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/photo-2-22.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/\",\"name\":\"Vedanta to announce Q2 results today; heres what to expect - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/photo-2-22.jpg\",\"datePublished\":\"2018-10-31T11:15:48+00:00\",\"description\":\"Vedanta is slated to announce its financial results for the ..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/photo-2-22.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/photo-2-22.jpg\",\"width\":1070,\"height\":580},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/vedanta-to-announce-q2-results-today-heres-what-to-expect\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Vedanta to announce Q2 results today; heres what to expect\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vedanta to announce Q2 results today; heres what to expect - Business News Report","description":"Vedanta is slated to announce its financial results for the ..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/","og_locale":"en_US","og_type":"article","og_title":"Vedanta to announce Q2 results today; heres what to expect - Business News Report","og_description":"Vedanta is slated to announce its financial results for the ..","og_url":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-10-31T11:15:48+00:00","og_image":[{"width":1070,"height":580,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/10\/photo-2-22.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Vedanta to announce Q2 results today; heres what to expect","datePublished":"2018-10-31T11:15:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/"},"wordCount":314,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/10\/photo-2-22.jpg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/","url":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/","name":"Vedanta to announce Q2 results today; heres what to expect - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/10\/photo-2-22.jpg","datePublished":"2018-10-31T11:15:48+00:00","description":"Vedanta is slated to announce its financial results for the ..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/10\/photo-2-22.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/10\/photo-2-22.jpg","width":1070,"height":580},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/vedanta-to-announce-q2-results-today-heres-what-to-expect\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Vedanta to announce Q2 results today; heres what to expect"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/97226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=97226"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/97226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/97227"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=97226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=97226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=97226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}