Vedanta Limited (NSE:VEDL)
India flag India · Delayed Price · Currency is INR
269.65
-2.90 (-1.06%)
Jul 13, 2026, 3:30 PM IST

Vedanta Earnings Call Transcripts

Fiscal Year 2026

  • Q4 25/26

    FY 2026 delivered record revenue, EBITDA, and PAT, driven by volume growth, cost reductions, and operational excellence across all segments. The demerger into five sector-specific companies is set for May, with strong CapEx execution and improved leverage positioning the group for future growth.

  • Q3 25/26

    Record quarterly revenue, EBITDA, and PAT driven by operational excellence and cost optimization, with strong progress on demerger and deleveraging. Major capacity additions and project ramp-ups are set to further boost volumes and margins in FY 2027.

  • Q2 25/26

    Record first-half and Q2 results were achieved despite global volatility, with strong growth in aluminum, zinc, and power segments, robust cost control, and progress on strategic initiatives like de-merger and mine expansions. Net debt and interest costs improved, and CapEx and hedging strategies remain disciplined.

  • Q1 25/26

    Record Q1 results with revenue and EBITDA up 5–6% YoY, margin at 35%, and net debt reduced. Strategic expansions in zinc, aluminum, and power are on track, with robust domestic demand offsetting global volatility. Demerger and deleveraging initiatives progressing as planned.

Fiscal Year 2025

  • Q4 24/25

    Record annual revenue and EBITDA were achieved, supported by strong operational performance, cost leadership in aluminum and zinc, and robust domestic demand. Strategic growth projects, demerger progress, and deleveraging strengthened the financial position, with continued focus on volume expansion and cost optimization.

  • Q3 24/25

    Record Q3 FY25 results with 10% revenue and 30% EBITDA growth year-on-year, driven by strong aluminium, zinc, and oil & gas performance. Deleveraging, improved ratings, and progress on key projects and demerger position the company for transformational growth in FY26.

  • Q2 24/25

    Record EBITDA and profit growth driven by cost optimization and operational excellence, with strong performance across aluminum, zinc, and base metals. Major growth projects and demerger on track, while deleveraging and liquidity positions have improved significantly.

  • Q1 24/25

    Q1 FY25 saw EBITDA surge 47% YoY to INR 10,275 crore and PAT rise 54% YoY, driven by cost reductions and operational excellence. Major growth projects are on track, with $8 billion CapEx planned and a strong liquidity position. Demerger and asset expansions are set to unlock further value.

Fiscal Year 2024

Fiscal Year 2023

Fiscal Year 2022