The translated heading in English is: "Vedanta shines with record profits and relieves the parent company.

The Indian mining company Vedanta achieved an impressive net profit of 43.5 billion rupees (approximately 516 million US dollars) in the past quarter. This was due to increased revenues from the metal business and the reversal of previous charges. Notably, this result represents the highest of the last nine quarters and far exceeded the forecasts of many analysts. In the previous year, Vedanta struggled with losses due to weak zinc prices and increased tax expenses. Thanks to this recovery in earnings, concerns about the debt repayments of the London-based parent company Vedanta Resources have gradually diminished. Over the past two years, the parent company managed to reduce its debt by over 4 billion US dollars. Another factor contributing to the positive development was the rise in metal prices. The price of aluminum on the London Metal Exchange increased by 10% compared to the previous year, while zinc prices rose by 16%. Additionally, in the quarter, Vedanta reversed another impairment in its oil and gas business, and revenues from non-core sources doubled, further supporting overall success.