Vedanta's consolidated revenue for Q2FY26 rose 6 per cent Y-o-Y to ₹39,218 crore, while Ebitda jumped 12 per cent Y-o-Y to ₹11,612 crore, with margins expanding 69 bps to 34 per cent.
Vedanta Q1 FY26 results: While quarterly profit and revenue declined, Vedanta posted its highest-ever Q1 Ebitda and margin in 13 quarters. An interim dividend of ₹7 per share was approved
The mining major's net sales jumped by 13.9 per cent to Rs 40,455 crore in the January-March quarter on a year-on-year basis (YoY)
The main drivers for Vedanta's positive outlook cited by analysts include strong performance in the aluminium, zinc, and oil segments, cost management efforts, and the ongoing capex plans
A day ahead of the results, Vedanta shares were in demand, as the scrip rose up to 1.62 per cent to hit an intraday high of Rs 437.60
Aluminium prices have been driven by record high alumina prices which squeezed smelter margins
Strong Q2 performance, improved earnings visibility keeps analysts bullish on the counter
The company's revenue from operations, or topline, dropped 3.4 per cent annually to Rs 37,634 crore, from Rs 38,945 crore in the same quarter last year (Q2FY24)
The September quarter results of Anil Agarwal-backed Vedanta are anticipated to be impacted by a mix of macroeconomic factors and segment-specific performance, according to domestic brokerages
Mining conglomerate Vedanta Group's strategic roadmap to a USD 10 billion near-term EBITDA will be powered by timely execution of over 50 high-impact growth projects, including those in zinc, aluminum, oil and gas and power businesses. These projects are at an advanced stage of completion, according to a powerpoint presentation made to more than 45 fund managers and analysts, who were on a site visit organised by the Vedanta Group. Vedanta's aluminum business has projects underway to achieve 3.1 million tonnes per annum of integrated supply. It sits in the first quartile of the global cost curve, with the cost of production at multi-year lows -- USD 1,711 per tonne -- with a 100 per cent vertically integrated supply chain. The business has a 2x strong demand outlook with India's domestic market set to double every five years, it said. Vedanta's zinc business produces 1.2 million tonnes of zinc metal at the cost of USD 1,000 per tonne while silver volumes are at 800 million tonnes a
The company reported an exceptional loss of Rs 330 crore in Q4, mainly in its copper division, which contributed to the drop in its net profit for the period
Top line up 79% YoY at Rs 28,105 cr; lower base also spurs annual surge in bottomline
A pronounced fall in iron ore production and sales in Goa where it was the largest ore miner, led to the slide in earnings