Vedanta Oil & Gas posts net profit of ₹746 cr in Q2 FY27

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Vedanta Oil & Gas reported a consolidated net profit of ₹746 crore in the second quarter of fiscal year 2027, aided by focused production optimization measures. This performance was achieved despite a net loss of ₹92 crore in the previous year, driven by efforts to arrest the decline in mature assets and capitalizing on new discoveries. The company maintained healthy cash generation due to higher price realization and operational discipline, with production figures indicating recovery efforts in key areas.

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