₹17,132 crore during the quarter, primarily due to impairment of assets in oil and gas, copper and iron ore business New Delhi: Diversified natural resources firm Vedanta on Saturday reported consolidated net loss of ₹12,521 crore for the quarter ended March 31, 2020 on the exceptional loss of ₹17,132 crore, primarily due to impairment of assets in oil and gas, copper and iron ore business.
The company had posted net profit of ₹2,615 crore in the year-ago period, Vedanta said in a filing to the BSE. The consolidated income of the company during January-March quarter dropped to ₹20,382 crore, over ₹25,096 crore in the year-ago period, the filing said. "The COVID pandemic has hit the world and us in the last quarter of the year.