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Expect Coal Supply Constraints To Ease, Vedanta Says
Vedanta said it expects an even better second half as metals climb to multi-year highs.
03 Nov 2017, 04:32 PM IST 
An employee melts down scrap metal at a precious metals refinery in London, U.K. (Photographer: Simon Dawson/Bloomberg)
Vedanta Ltd., which posted a 47 percent jump in second-quarter profit, said it expects an even better second half as metals climb to multi-year highs and volumes increase.
The rise in production costs seen in the September quarter came was primarily due to coal supply constraints, Chief Executive Officer Kuldip Kaura told BloombergQuint in an interview. "These constraints should ease up as the production from Coal India Ltd. rises and the company improves its logistics."