Vedanta Reports Better-Than-Expected Earnings on Commodity Price Gains and Increased Volumes

Vedanta Ltd Posts Strong Revenue Growth, Beating Street Estimates

Billionaire Anil Agarwal's metals and mining company Vedanta Ltd has reported a strong revenue growth for the fiscal year 2025-26, beating street expectations on the back of strong commodity prices and higher volumes. The company's annual revenue jumped 15.83% to ₹1,74,075 crore for the full year, surpassing Bloomberg estimates of ₹1,70,000 crore, based on a 16-analyst poll.

According to Vedanta's exchange filings, the company's profit attributed to the owners stood at ₹17,391 crore, up 16% compared to 2024-25. Vedanta's performance was driven by record output from aluminium and zinc operations, while cost efficiencies helped bring down production costs to multi-year lows, according to the company statement. The company also benefited from a supportive commodity price environment during the year, which boosted overall profitability.

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Vedanta's Ebitda rose by 29% to ₹55,976 crore compared to the previous fiscal's ₹43,541 crore. The company's capital expenditure for the year stood at ₹14,918 crore, focused on capacity expansion and supply-chain integration. Vedanta also paid shareholders a dividend of ₹34 per share.

The company's planned demerger, effective May 2026, is expected to unlock value and create more focused business verticals, positioning the group for its next phase of growth. Vedanta is undergoing a major restructuring, splitting itself into five independent listed companies: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and parent Vedanta Ltd, which will house the zinc and silver businesses through Hindustan Zinc and act as an incubator for new opportunities.

Vedanta's shares rose 4.45% to ₹772.10 on Wednesday after results were announced.