Vedanta targets $7.5 bn in earnings in 2 years, deleverage group by $3 bn

[Bilgin]

Vedanta targets $7.5 bn in earnings in 2 years, deleverage group by $3 bn The ambitious 50% jump in pre-tax profits from the expected $5 billion of Ebitda in FY24 follows the group’s demerger plan that entails a reorganization of its Mumbai-based Vedanta Ltd. into six separate entities based on their sectors.