Vedanta Limited has announced its unaudited consolidated financial results for the second quarter and half-year ending 30th September 2026, showcasing remarkable growth across key financial metrics. The company reported its highest-ever quarterly profit after tax (PAT) of ₹6,202 crore, a 151% increase year-on-year, and a quarterly EBITDA of ₹9,938 crore, up 106% from the previous year.
The company achieved a record half-yearly PAT of ₹11,496 crore, reflecting a 151% year-on-year growth, and a half-yearly revenue of ₹49,268 crore, marking a 54% increase from the previous year. The EBITDA for the half-year also reached a record ₹18,407 crore, up 103% year-on-year. Vedanta’s net debt to EBITDA ratio improved significantly to 0.1x, demonstrating the company’s strong financial position, with net debt reduced by ₹4,624 crore quarter-on-quarter to ₹3,675 crore.
Operational highlights include the successful commissioning of Zinc International’s Gamsberg Phase II, which increased the total metal-in-concentrate capacity to 500 kt per annum. Additionally, Vedanta declared its first interim dividend of ₹5 per share. The company’s robust cash generation of ₹5,803 crore during the quarter facilitated the reduction in net debt, with cash and cash equivalents rising to ₹26,622 crore by the end of Q2 FY27.
Vedanta’s key businesses have continued to deliver strong performances. Zinc India recorded a 5% year-on-year increase in mined metal production, while Zinc International commissioned Gamsberg Phase II, adding significant capacity. Copper India sales grew by 16% year-on-year, and FACOR achieved record ore production, enhancing its ore linkage security.
The company’s executive director, Mr. Arun Misra, highlighted the strong operational performance and strategic investments made during the quarter, which are expected to drive future growth. Group CFO, Mr. Ajay Goel, emphasized the company’s financial discipline and the successful reduction in net debt, positioning Vedanta for sustained growth.
Analysts note that Vedanta’s strategic focus on volume growth and cost leadership, coupled with its diversified asset base, positions the company well for continued success in the competitive mining and metals sector. The reaffirmation of Vedanta’s credit ratings by ICRA and CRISIL at AA+/Stable further underscores the company’s financial stability and growth prospects.
