(Reuters) - Mining and energy group Vedanta Resources (L:VED) Plc said it would not pay a dividend for the first half, citing the volatility in commodity markets, after reporting a fall in core profit.
The company said earnings before interest, tax, depreciation and amortisation fell 39 percent to $1.29 billion for the six months ended Sept. 30.
Vedanta Resources, which has interests in oil and gas, iron ore, zinc, copper, power and aluminium, paid a dividend of 23 cents in the first half a year earlier.