The record date for the purpose of payment of dividend is Tuesday, 30 May 2023. At yesterday's closing price of Rs 287.35, the said dividend translates to a dividend yield of 6.44%.

The conglomerate's total dividend payfor for the previous financial year, i.e., financial year 2022-23 was Rs 101.5 per share.

Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia.

The company reported 67.56% decline in consolidated net profit of Rs 1,881 crore on 5.38% fall in revenue from operations to Rs 37,225 crore in Q4 FY23 over Q4 FY22.