The profit of Vedanta Resources declined by 24.7 percent for the first half of this fiscal. Rising input cost and lower metal prices hit its margin. Its profit stood at $465 million before a year while now it stands at $350 million. It earning stands at $1.272 billion, registering a decline of 6.8 percent.
 
City analysts were shocked at the poor result. Morgan Stanley analysts, however, said that results are in line with earlier forecast following global financial crisis.

Shares of Vedanta fell as much as 12.4 per cent after posting profit decline of 24.7 percent.

Vedanta said that it would go for its expansion planes but review its capital expenditure. Chief Executive of company, Mahendra Mehta said that the company would not take any step which would hamper the growth. The company maintains a good financial health with total cash of $5.4 billion. The company is still interested to buy U.S. copper miner, Asaro LLC.