Vedanta dividend yield makes 'stock attractive', brokerages bullish1 min read 30 Jan 2023, 08:11 AM IST
Vedanta announced the fourth interim dividend of ₹12.50 per equity share for the financial year 2022-23
Vedanta Ltd reported an over 41% drop in consolidated net profit at ₹2,464 crore in the quarter ended December 31, 2022 as compared to ₹4,164 crore in the year-ago period whereas its income rose slightly to ₹34,818 crore from ₹34,674 crore year-on-year (YoY). Its board approved the fourth interim dividend of ₹12.50 per equity share for the financial year 2022-23, amounting to ₹4,647 crore.
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