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Vedanta plans to save ₹1,000 crore annually by reducing its debt repayment interest costs.

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Vedanta expects to save ₹1,000 crore annually in interest costs after using the funds from its recent ₹8,500 crore fundraising to pay down debt. The company’s financial performance for the June quarter shows a strong 54% profit increase and the highest margins in seven quarters. These improvements are driven by successful debt reduction and a targeted approach to refinancing loans. https://smtfinmedia.com/vedanta-to-save-%e2%82%b91000-crore-annually-on-debt/

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