Vedanta Reports 89% Increase in Q4 Net Profit to Rs 9,352 Crore, Revenue at Rs 51,524 Crore

Vedanta Ltd Reports Record Quarterly Profit, Shares Surge

Vedanta Ltd on Wednesday reported a sharp rise in its fiscal fourth-quarter earnings, with consolidated net profit rising 89 percent year-on-year to Rs 9,352 crore, marking its highest-ever quarterly profit. The performance was driven by strong operational gains across businesses and comes ahead of the group's planned demerger, which is set to take effect from May 1.

Consolidated revenue for the January-March quarter rose 29 percent year-on-year to Rs 51,524 crore, while its earnings before interest, tax, depreciation and amortisation (EBITDA) surged 59 percent to a record Rs 18,447 crore. EBITDA margins expanded sharply to around 44 percent, up over 900 basis points from a year ago, reflecting improved commodity realisations, higher volumes and favourable cost dynamics.

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Vedanta shares jumped following the earnings announcement and were trading up 4.44 percent at Rs 772.15 on NSE in the late afternoon session. The company said this was its strongest-ever quarterly performance, with profit, revenue and EBITDA all hitting record highs.

For the full year FY26, Vedanta reported net profit of Rs 25,096 crore, up 22 percent year-on-year, and revenue of Rs 1.74 lakh crore, up 15 percent. The sharp rise in quarterly profit was aided by strong operating leverage, higher commodity prices, and improved cost efficiencies across key segments such as aluminium and zinc. Lower finance costs and favourable forex movements also supported profitability during the quarter.

The results also come amid a structural shift in financial reporting, with several key businesses - including aluminium, oil and gas, iron ore and power - classified as discontinued operations under Ind AS 105 following the approval of Vedanta's demerger plan. The scheme, which has received regulatory clearances, is scheduled to become effective from May 1, with shareholders to receive stakes in the newly carved-out entities.

Vedanta said its balance sheet strengthened further during the quarter, with net debt-to-EBITDA improving to 0.95 times, the best level in 14 quarters, supported by strong cash flows and deleveraging.

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