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VED Vedanta

832.60
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vedanta LSE:VED London Ordinary Share GB0033277061 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 832.60 834.80 835.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Correction to Vedanta Profitability Drops as Net Debt Rises Story

29/01/2016 4:11pm

Dow Jones News


Vedanta (LSE:VED)
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Net debt rose to $7.9 billion as of Dec. 31 compared with $7.5 billion three months earlier due to continued project spending, subsidiary-level dividend payments and a weaker Indian rupee against the U.S. dollar. "Vedanta Profitability Drops as Net Debt Rises -- Update," at 1340 GMT, mistated the net debt figure as $8.6 billion.

The same mistake was also made in "Vedanta Shares Rise; 3Q Ebitda Beats Views -- Market Talk," published at 1125 GMT and "Vedanta Resources Profitability Drops As Net Debt Rises," published at 0750 GMT.

 

(END) Dow Jones Newswires

January 29, 2016 10:56 ET (15:56 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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