More Stories

Informist, Wednesday, Oct. 28, 2026

 

Please click here to read all liners published on this story

--Vedanta Jul-Sept consol net profit INR 36.50 bln 
--Vedanta Jul-Sept consol revenue INR 263.56 bln 
--Vedanta Jul-Sept consol net profit INR 36.50 bln vs INR 17.98 bln year ago 
--Vedanta Jul-Sept consol revenue INR 263.56 bln vs INR 167.36 bln year ago 
--Vedanta Q2 consol zinc, lead India sales INR 104.15 bln vs INR 65.29 bln 
--Vedanta Jul-Sept consol silver India revenue INR 41.10 bln vs INR 17.06 bln 
--Vedanta Q2 consol copper revenue INR 92.80 bln vs INR 66.04 bln yr ago 
--Vedanta Q2 consol continuing ops EBITDA INR 99.38 bln vs INR 48.17 bln 
--Vedanta Apr-Sept consol net profit INR 91.23 bln vs INR 49.83 bln year ago 
--Vedanta Apr-Sept consol revenue INR 505.61 bln vs INR 324.90 bln year ago 
--Vedanta Jul-Sept consol EBITDA margin 60%, up 1,055 bps on year 
--Vedanta net debt to EBITDA ratio at 0.1 times on Sept 30 
--Vedanta Q2 invested growth capex at INR 11.35 bln
 

 

By Sharveya Parasnis and Pranav Varshney

 

MUMBAI – Vedanta Ltd.'s consolidated net profit more than doubled year-on-year in the September quarter, driven by higher revenue and increased profit from zinc, lead, and silver sales in India. However, net profit declined sequentially, as the June quarter had benefited from lower expenses and additional profit from discontinued operations.

 

The company's consolidated net profit rose 103% on year to INR 36.50 billion in the September quarter. Revenue rose 57% year on year to INR 263.56 billion during the quarter.

 

Wednesday, the company's shares ended 3.3% higher at INR 233.05 on the National Stock Exchange. The company announced its results during market hours. 

 

Vedanta's total expenses rose 34% on year to INR 184.76 billion during the quarter. Raw material costs accounted for about 50% of total expenses at INR 92.42 billion, up almost 43% on year. Other expenses rose over 50% on year to INR 61.42 billion, while depreciation, depletion, and amortisation expenses grew over 19% on year to INR 13.39 billion. Power and fuel charges grew 23% on year to INR 11.47 billion.

 

Revenue from sales of zinc and lead in India accounted for almost 40% of the company's operating revenue at INR 104.15 billion, up nearly 60% on year. Silver sales in India were INR 41.10 billion, up almost 141% on year. International zinc sales were INR 17.30 billion, up 40% on year. Copper sales grew almost 41% on year to INR 92.80 billion.

 

The zinc, lead, and silver business recorded an operating profit of INR 92.43 billion, up more than 108% on year. The international zinc business reported a profit of INR 5.50 billion, up more than 47% on year. The copper business reported a profit of INR 800 million, compared with a loss of INR 130 million a year earlier.

 

In the Apr-Sept period, Vedanta reported a net profit of INR 91.23 billion, up 83% on year. Revenue from operations rose nearly 56% to INR 505.61 billion during the same period. 

 

The company invested INR 11.35 billion in growth projects to expand capacity and strengthen resource security, the Group's Chief Financial Officer Ajay Goel said.

 

Vedanta's subsidiary Zinc International also successfully commissioned its Gamsberg Phase II project during the quarter, Executive Director Arun Mishra said.

 

The metals and mining major posted a 31% increase in chrome production capacity and raised its port discharge to 4.19 metric tonnes. Overall, the company's net debt fell 78% year to INR 36.75 billion in the September quarter. End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Saji George Titus

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.