Mumbai, 28 October 2026: Vedanta reported record consolidated revenue of Rs 258.12 billion for the second quarter of FY27, up 57 per cent year on year. Profit after tax (PAT) from continuing operations rose 151 per cent to Rs 62.02 billion, while EBITDA increased 106 per cent to Rs 99.38 billion.

For the half year ended 30 September 2026, revenue reached Rs 492.68 billion, up 54 per cent year on year. EBITDA rose 103 per cent to Rs 184.07 billion and PAT increased 151 per cent to Rs 114.96 billion. The quarterly EBITDA margin, excluding the Copper business, was 60 per cent, compared with 49 per cent a year earlier.

Net debt fell by Rs 46.24 billion quarter on quarter to Rs 36.75 billion at the end of September. The net debt-to-EBITDA ratio improved to 0.1 times from 0.3 times in the first quarter. Cash and cash equivalents stood at Rs 266.22 billion, compared with Rs 199.92 billion at the end of Q1 FY27.

Vedanta said higher commodity prices, favourable foreign exchange rates and increased volumes supported revenue growth. It generated free cash flow before capital expenditure of Rs 58.03 billion in Q2 and invested Rs 11.35 billion in growth projects during the quarter.

In operations, Zinc India recorded mined metal production of 271,000 tonnes in Q2, up 5 per cent year on year. Zinc International commissioned Phase II of its Gamsberg project, adding 200,000 tonnes per annum of metal-in-concentrate capacity and taking total capacity to 500,000 tonnes per annum. FACOR reported record quarterly ore production of 50,000 tonnes and extracted its first tonne of underground ore from the Ostapal Mines.

Vedanta also reported progress on its sustainability measures. Greenhouse gas emissions intensity declined to 3.36 tonnes of CO₂ equivalent per tonne of metal, from 3.93 tonnes in FY26, while total emissions fell 19 per cent year on year to 2.38 million tonnes. The company reported a 43 per cent water recycling rate and said its community programmes reached 460,000 people through skilling, livelihoods, education and entrepreneurship initiatives.