May 3 (Reuters) - Vedanta Ltd VDAN.NS , the Indian unit of diversified mining group Vedanta Resources Plc VED.L , posted an 81 percent surge in quarterly profit on Thursday, helped by higher volumes and favourable commodity prices.
Net profit came in at 48.02 billion rupees ($721.02 million) for the three months ended March 31, compared with 26.47 billion rupees a year earlier, the company said in a statement https://www.bseindia.com/xml-data/corpfiling/AttachLive/75c78c7d-048f-4fbd-bcde-687c662d0b8d.pdf.
Net revenue from operations (net of excise duty) for the quarter grew nearly 23 percent to 276.30 billion rupees driven by higher volumes from oil & gas, aluminium, copper India business and improved commodity prices, Vedanta said.
($1 = 66.6000 Indian rupees)