Jan 31 London-listed oil and mining conglomerate
Vedanta Resources Plc's third-quarter core earnings rose
3 percent, helped primarily by its oil and gas operations in
The company, controlled by Indian billionaire Anil Agarwal,
said group core earnings or earnings before interest, taxes,
depreciation, and amortisation (EBITDA) increased to $1.14
billion in the quarter ended Dec. 31 from $1.11 billion a year
Revenue fell about 3 percent to $3.45 billion.
Vedanta simplified its byzantine structure last year when it
overhauled its web of subsidiaries and created Sesa Sterlite
- an umbrella unit that groups most of its assets.