Zinc India achieved its highest-ever Q1 mined metal production at 265 kt, up 1% YoY, while Zinc International output soared 50% YoY and 12% QoQ. Ferro Chrome production surged 150% QoQ, supported by best-ever ore production, which climbed 66% QoQ. Additionally, power sales rose 11% QoQ, reflecting broad-based strength across segments.
The updates were announced post market the hours and Vedanta shares today ended at Rs 458.10 on the NSE, down by Rs 11.35 or 2.42% over the Wednesday closing price.
Aluminium
Total aluminium production in the quarter under review stood at 605 kt, a 1% uptick over 596 kt reported in the corresponding quarter of the last financial year. On a sequential basis, the production was flat.
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Zinc India
Vedanta’s highest ever first quarter mined metal production of 265 kt was in line with mine preparation activities being carried out every year in Q1, though it was lower QoQ. The refined metal production stood at 250 kt, down 5% YoY and 7% QoQ, in line with plant availability and on account of maintenance activities, the company filing said.
Saleable silver production at 149 metric tonnes was lower by 11% YoY due to lower input from mines and down 16% QoQ in line with lead production and higher WIP liquidation in the base period.
Iron ore
Saleable ore production was up 42% YoY, as in the corresponding quarter last year, there was a temporary suspension of IOK mine, while the mine at IOG was under the ramp-up stage. The pig iron production was up 4% YoY and QoQ, due to improved operational efficiency.
