Mined zinc production in the first quarter was at 263 kt, a 2%
year-on-year growth, with improved mined metal grades.
Vedanta
Ltd. has reported a 10% jump in production of saleable steel or finished
products to 356 KT in the first quarter of fiscal 2025. The overall power sales
also saw a jump in the quarter ended June 30, 2024.
Cast metal aluminum production went up 3% year-on-year to 596 KT,
compared to the same period in the previous year, the company said in a
business update on Wednesday. The production of alumina at Lanjigarh refinery
was at 539 KT, up 36% year-on-year, driven by new capacity.
Mined zinc production in
the first quarter was at 263 kt, a 2% year-on-year growth, with improved mined
metal grades. While saleable zinc production saw 1% growth year-on-year, it
fell 4% sequentially. International zinc production, on the other hand, saw a
drop of 45%.
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Production of saleable silver saw a dip of 7% at 167 tonnes in the first
quarter.
The average gross operated
oil production in the first quarter of FY25 was at 112.4 kboepd. This is 17%
lower than 134.9 kboepd reported in the same period a year ago. The average
daily working interest production also saw a 14% dip at 73.7 kboepd.
Production of saleable
iron ore in the Karnataka mine was down 4% year-on-year due to temporary
suspension of production in May 2024.
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Overall power sales rose 13% to 4,791 million units in the April-June quarter.
Wind power generation fell 11% year-on-year to 108 million units based on the
seasonal change.
On Wednesday, shares of Vedanta closed 1.28% higher at Rs 463.70
apiece, compared to a 0.67% advance in the NSE Nifty 50.