Vedanta CEO S Venkatakrishnan expects 120% volume growth in FY20
  • WebDesk BTVI
  • Jul 29 2019

Vedanta CEO Srinivasan Venkatakrishnan says that the company is expecting 120% volume growth in FY20 despite a muted Q1. He says Q1 saw volume growth across key verticals despite softening prices. He says the firm will invest close to Rs 10,000 crore capex in FY20 and adds that H2FY20 will see stronger operational performance. Citing that net debt to EBITDA stood at Slightly over 1x, he says the company looks strong in medium-, long- and short-term.