Mumbai: Vedanta Limited has reported record-breaking financial performance for the fourth quarter and full year FY26, with Profit After Tax (PAT) surging 89 per cent year-on-year to ₹9,352 crore in Q4, alongside strong revenue growth and a dividend announcement.
Record revenue and profit growth
The company posted its highest-ever quarterly revenue of ₹51,524 crore, marking a 29 per cent rise compared to the same period last year. For the full financial year ending March 31, 2026, revenue stood at ₹1,74,075 crore, up 15 per cent year-on-year.
Vedanta’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) also touched a record ₹18,447 crore in Q4, reflecting a 59 per cent increase YoY. EBITDA margins expanded significantly by 915 basis points to 44 per cent during the quarter.
On an annual basis, EBITDA reached ₹55,976 crore, registering a 29 per cent growth, with margins at around 39 per cent.
Strong operational performance
Company executives attributed the growth to improved operational efficiency and expansion across key business segments.
Arun Misra, Executive Director, said FY26 saw record production across core businesses, including alumina, aluminium, zinc, pig iron, and ferrochrome.
He highlighted that Vedanta produced 2.9 million tonnes of alumina, 2.46 million tonnes of aluminium, and 1.1 million tonnes of mined metal at Zinc India, reflecting strong execution and capacity ramp-up.
The company also commissioned several major projects during the year, including the Lanjigarh Train II, a new BALCO smelter, downstream expansions at Jharsuguda, the Debari roaster, and 1.3 GW of power capacity.
Dividend and balance sheet strength
Ajay Goel, Chief Financial Officer, described the quarter as a “defining point” for the company, citing record highs across revenue, EBITDA, and PAT.
Vedanta announced a dividend of ₹34 per share for FY26, continuing its strategy of rewarding shareholders.
The company’s balance sheet also improved, with net debt to EBITDA ratio reducing to 0.95x from 1.22x a year earlier. Credit rating agencies CRISIL and ICRA reaffirmed the company’s rating at AA.
Growth investments and future outlook
Vedanta invested around ₹14,918 crore in capital expenditure during the year to support growth and expansion initiatives. The company is also preparing for its planned demerger, set to take effect from May 1, 2026.
Executives said the strong financial and operational performance positions the company well for its next phase of growth.
Conclusion
Vedanta’s FY26 results underscore its robust operational execution, strong financial discipline, and commitment to shareholder returns. With record profits, improved margins, and strategic investments, the company appears well-positioned to sustain growth momentum in the coming years.
Comments are closed.