Vedanta Q1 consolidated profit more than doubles

Vedanta Ltd, the Indian unit of diversified energy group Vedanta Resources PLC, reported a 102% jump in quarterly consolidated profit, driven by better margins across most of the metals the company mines. Consolidated profit stood at ₹1,525 crore in the quarter ended June 30, against ₹754 crore a year earlier. Analysts expected Vedanta to post a profit of ₹1,631 crore, according to Thomson Reuters data.