Vedanta Aluminium announces COVID Kavach Term Insurance for Business Partner Employees ANI | Updated: May 18, 2021 14:18 IST
New Delhi [India], May 18 (ANI/NewsVoir): Vedanta Aluminium & Power Business, India s largest producer of aluminium and value-added aluminium products, has on the occasion of International Day of Families, extended the COVID Kavach Term Insurance Policy for employees of business partners across its plants in Jharsuguda and Lanjigarh in Odisha, and BALCO in Korba, Chhattisgarh.
Ajay Kapur, CEO - Aluminium & Power and MD - Commercial, Vedanta Ltd., announced this to all staff on the occasion of International Day of Families through a video message. Last year, the company had enhanced its term life insurance for all employees, which also covers any unfortunate circumstance due to COVID.
Vedanta Aluminium announces COVID Kavach Term Insurance
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Vedanta Aluminium announces COVID Kavach Term Insurance for Business Partner Employees
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Previous period figures have been regrouped or re-arranged wherever necessary to conform to current period s presentation
Revenue
Revenue for Q4 FY2021 was at ₹ 27,874 crore, higher 24% Q-o-Q & 43% Y-o-Y, primarily due to higher volume at Aluminium business, Zinc India, Iron ore business, higher power sales at TSPL and improved commodity prices.
Revenue for FY2021 was at ₹ 86,863 crore, higher 4%, mainly due to higher volume at Zinc India, Aluminium business, Iron ore & Steel business, higher commodity prices & rupee depreciation in FY2021. This was partially offset by lower volumes at Oil & Gas and Skorpion mine being under care and maintenance, lower power sales at TSPL and lower oil prices.
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Image Credits: Twitter - @VedantaLimited/PTI
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