Vedanta Reports Record Profits as Commodity Market Improves in Fiscal First-Half 2011
Vedanta Reports Record Profits as Commodity Market Improves in Fiscal First-Half 2011
SUGAR LAND--November 12, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Diversified metals and mining leader Vedanta Resources plc (LSE:VED) (London, England) saw very positive results in the first half of the company's fiscal year 2011 as strong production growth and higher commodity prices led to growth in all major segments. Net profits for the period were reported to be $337 million, compared with $188.2 million in first-half fiscal 2010.
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