Vedanta Resources Achieves Unprecedented Financial Milestones

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On Thursday, Vedanta Resources revealed a stunning fiscal performance, with EBITDA of $4.6 billion and a record-breaking pre-capex free cash flow of $2.8 billion for the fiscal year 2022-23. The remarkable EBITDA, which is just the second-highest in the company’s history, demonstrates Vedanta’s strong operational efficiency and strategic planning. The centrepiece of the report, though, was the pre-capex free cash flow, which achieved an all-time high for the first time in Vedanta’s long history. The business is quite proud of these accomplishments, which demonstrate the significant gains Vedanta Resources is making in a difficult economic environment.