Aluminium & Aluminium Products company Vedanta announced Q1FY24 results: Q1FY24 Revenue is at Rs 33,342 crore, compared to Rs 38,251 crore in Q1FY23 Q1FY24 EBITDA is at Rs 6,975 crore as against Rs 10,741 in Q1FY23 and Rs 9,362 in Q4FY23 EBITDA margin stood at 24% in Q1FY24 Consolidated profit after tax grew 6% QoQ to Rs 3,308 crore Free cash flow (pre-capex) of Rs 3,098 crore Return on capital employed 17% Interim dividend of Rs 18.5/share; Q1FY24 dividend yield at ~7% Gross debt stood at Rs 73,484 crore as of 30th June 2023 Net debt was Rs 59,192 crore as of 30th June 2023 Cash and cash equivalents position remains strong at Rs 14,292 crore Sunil Duggal, Chief Executive Officer, Vedanta, said, “Vedanta is on a transformational journey with significant growth across its businesses and diversification into future enabling, technology-focused sectors. We remain committed to maximizing shareholder returns through best-in-class and low-cost operations, skill development, and global experience leadership with sustainability at the forefront. We have delivered Rs 6,975 crore in EBITDA this quarter, with an operating margin of 24% and PAT of Rs 3,308 crore, marking a 6% increase sequentially. As we continue to move forward, we remain committed to achieving operational excellence and enhancing our competitiveness in the market. We are determined to lead the charge towards a more sustainable and responsible tomorrow.” Result PDF