Q1 FY25: Vedanta sees rise in production of steel, zinc, etc

05 Jul 2024 CW Team

Iron ore, steel, zinc, aluminium, and zinc output all increased in the June quarter, according to mining behemoth Vedanta Ltd. However, throughout the quarter, there was a decline in the production of gas and oil as well as mined metal from elsewhere. Vedanta stated in a report to the BSE that the company's output of aluminium increased by 3% to 5,96,000 tonne in the first quarter compared to the same period last year. The saleable metal output at Zinc India increased to 2,62,000 tonne from 2,60,000 tone.When Zinc International was in operation, the output of mined metal fell to 38,000 tonnes, compared to 68,000 tonnes in the first quarter of FY24. In the meantime, output of oil and gas fell 17% year over year to an average daily gross operational production (boepd) of 112,400 for the quarter, down from 134,900 boepd. Over the same period last year, the production of marketable iron ore increased to 1.3 million tonnes from 1.2 million tonnes. In the April?June quarter of the previous fiscal year, electricity sales increased by 13% to 4,791 million units from 4,256 million units, while the total output of saleable steel increased by 10% to 3,56,000 tonne. One of the top natural resource companies in the world, Vedanta Ltd. is a subsidiary of Vedanta Resources Ltd. and operates in several countries, including India, South Africa, Namibia, Liberia, the UAE, Korea, Taiwan, and Japan. It has major operations in the areas of oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, and power.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..