MUMBAI – Vedanta Limited today announced its consolidated financial results for the first quarter ended June 30, 2026, delivering an exceptional start to FY27 with Profit After Tax (continuing operations) surging 152% year-on-year to ₹5,294 crore. The company reported a 51% YoY increase in revenue at ₹23,456 crore, while first-quarter EBITDA reached ₹8,469 crore—up 98% YoY—with EBITDA margins expanding by 985 bps YoY to 57%. Driven by record operational performances across multiple business segments, higher margins, and strong cash generation, Vedanta achieved disciplined capital allocation with Return on Capital Employed (ROCE) improving to approximately 29%. The Group maintained robust financial flexibility with Net Debt standing at ₹8,299 crore (Net Debt/EBITDA ratio of 0.3x) and Cash & Cash Equivalents of ₹19,992 crore. Reflecting its strengthened credit profile, both CRISIL Ratings and ICRA upgraded Vedanta Limited's rating to AA+/Stable during the quarter.
Operationally, the company recorded benchmark performances across key divisions. Zinc India achieved its highest-ever first-quarter mined metal production of 268 KT while reducing cost of production to US$851/t, and FACOR recorded its highest-ever quarterly EBITDA alongside a 41% YoY surge in ore production to 153 KT. Copper India achieved its highest first-quarter rod production and sales in eight years, and Vizag General Cargo Berth (VGCB) handled a record 2.36 MMT of cargo. Commenting on the performance, Mr. Arun Misra, Executive Director, Vedanta Ltd, highlighted that the company's consistent operational execution across its portfolio reflects the inherent strength of its underlying asset base and a continued focus on volume growth, cost efficiency, and value creation. Mr. Ajay Goel, Group CFO, added that the demerger structure is unlocking significant shareholder value—adding over ₹71,000 crore in combined market capitalization during the quarter—while maintaining an exceptionally resilient balance sheet.
