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Vedanta CFO Ajay Goel targets ₹20,000 cr+ debt cut after demerger

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Sig2.70Sen+3.90Env0.00Soc0.00Gov+0.10

Following its demerger, Vedanta reported record quarterly earnings and CFO Ajay Goel said the group is already accelerating deleveraging to cut more than ₹20,000 crore of debt. Results were driven by higher output, lower operating costs and a richer product mix, aided by stronger Brent and LME prices and rupee depreciation, while executives discuss import-duty policy for aluminium scrap.

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