Vedanta reports 2% growth in aluminium production in Q2FY23

4 Oct 2022 , 07:57 AM

On Monday, Vedanta Ltd announced that its production of aluminium climbed by 2% to 5,84,000 tons in the second quarter of the current fiscal.

According to a filing with the BSE by Vedanta Ltd, the business produced 5,70,000 tons of aluminium in the equivalent quarter of FY22.

The report stated that the increase in ore output, which was further supported by better grades and increased operating efficiency, resulted in an 8% YoY increase in first-half mined metal production, which was 507,000 tons.

Additionally, the production of finished steel increased by 11% to 3,25,000 tons from 2,93,000 tons in the same period last year.

In comparison to the second quarter of the previous fiscal, when the total power sale was 2,905 million units (MU), it grew to 3,615 MU.

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