Vedanta will report its fourth-quarter earnings on Tuesday and analysts expect the company will report a poor set for earnings.
- On the topline, analysts are expecting a number of around Rs 23,000 crore, margins should come in at around 25.5 percent and the net profit at around Rs 1,500 crore.
- For Vedanta, LME (London Metal Exchange) prices have been weak. Even though LME prices are weaker the depreciation in the rupee arrest the fall in terms of topline.
- The other factors which are likely to impact the company's earnings are copper plant shutdown in Tuticorin and closure of Goa mining operations.