- Contributed ₹62,722 crore to national
exchequer in FY26, its second highest-ever, representing ~36% of
consolidated turnover
- Vedanta Group ranks among India's top 3* private-sector
contributors to the national exchequer
Mumbai : Vedanta Limited (BSE:
500295 and NSE: VEDL), India's leading diversified natural resources company,
has contributed ₹62,722 crore in FY26 to the exchequer as per the
company's 11th Tax Transparency Report. The report reinforces Vedanta's
steadfast commitment to nation-building and transparent governance. The contribution
represents 36% of the company's consolidated revenue from operations,
playing a pivotal role in India's economic development.
This marks a 13.3% increase in contributions compared to the previous
year, bringing Vedanta's cumulative contribution to the exchequer over
the past ten years to ₹4,83,034 crore. The company has demonstrated
unwavering focus on fiscal discipline, nation-building, and support for the
Viksit Bharat mission. The Group ranks among India’s top 3* private-sector
contributors to the national exchequer.
This contribution to the exchequer was on the back of Vedanta's historic-best
financial performance in FY26. Revenue grew 15% to ₹1,74,075 crore
- the highest in the company's history - while EBITDA grew 29% to ₹55,976
crore and Profit After Tax (PAT) rose 22% to ₹25,096 crore. The
balance sheet strengthened significantly, with Net Debt to EBITDA improving
to 0.95x from 1.22x - its best level in 14 quarters.
The
strong financial performance was driven by robust operational performance
across Vedanta's diversified portfolio spanning zinc-lead-silver, aluminium,
copper, iron ore, steel, power, nickel, chrome and oil and gas.
Zinc remained the largest contributor at ₹19,053 crore, followed by
Aluminium (now listed as Vedanta Aluminium) at ₹15,788 crore and Oil & Gas
(now listed as Vedanta Oil & Gas) at ₹11,697 crore - a reflection of the
breadth and diversification of Vedanta's portfolio across critical minerals and
energy.
Key Highlights from the Vedanta Ltd Tax
Transparency Report:
The 11th edition of the report offers a comprehensive breakdown of
Vedanta's tax contributions for FY 2025-26:
Government Royalties & Profit Petroleum
(₹14,840 crore): Includes royalties paid to state governments of Rajasthan, Odisha,
Gujarat, Andhra Pradesh, Chhattisgarh, Goa, Karnataka and Assam for bauxite,
lead-zinc, silver, iron ore, crude oil and natural gas, as well as profit
petroleum paid to the Government of India under Production Sharing Contracts
Taxes on Income and Capital (₹8,290 crore): Comprising corporate
income taxes as filed in statutory returns across all jurisdictions
Other Taxes Borne (₹11,897 crore): Including duties on export
and import of ₹5,980 crore, oil cess/NCCD of ₹2,503 crore, electricity duty of
₹1,252 crore and ineligible GST of ₹1,663 crore
Indirect Taxes (₹21,777 crore): Including CGST, SGST and
IGST from the sale of goods and services across all business units
Withholding Taxes (₹3,188 crore): Comprising payroll taxes
and taxes deducted at source on vendor and contractor payments
Corporate Dividends to Government of India (₹1,180
crore): Paid
through the Government of India's 27.92% stake in Hindustan Zinc Limited
Tax transparency forms a core component of Vedanta's broader
Environmental, Social, and Governance (ESG) agenda. Through its voluntary and
proactive disclosures - maintained for eleven consecutive years - the company
aims to foster stakeholder confidence and uphold the highest standards of
corporate governance. Vedanta's tax principles are closely aligned with the
B-Team Responsible Tax Principles and the Extractive Industries Transparency
Initiative (EITI), reinforcing its commitment to responsible corporate
citizenship.
The full Tax Transparency Report FY26 can be accessed here: tax-transparency-report.pdf