Vedanta Limited Chairman Anil Agarwal has highlighted the company’s record FY26 financial performance and detailed its post-demerger growth roadmap in a letter addressed to shareholders. The company reported its highest-ever profit after tax of ₹25,096 crore and revenue of ₹1,74,075 crore during the fiscal, supported by strong operational performance across businesses.

Vedanta delivered a total shareholder return of nearly 50% in FY26 and announced a dividend of ₹34 per share. The company also strengthened its balance sheet, with net debt-to-EBITDA improving to 0.95x, enhancing financial flexibility and resilience.

Agarwal said the company’s much-awaited demerger became effective on May 1, 2026, creating focused and independently scalable businesses with distinct growth pathways. He noted that each business would emerge as a globally competitive entity with sharper strategic focus and disciplined capital allocation.

Vedanta Aluminium plans to double its production capacity to 60 lakh tonnes annually, while Vedanta Oil & Gas aims to scale production to 300,000–500,000 barrels per day with a planned investment of $5 billion. Vedanta Power is targeting expansion from its current 4.2 GW operational capacity to a 12 GW pipeline, including diversification into hydropower and nuclear energy.

The company also outlined expansion plans for its iron and steel business, targeting capacity growth to 100 lakh tonnes per year, supported by captive iron ore mines. Vedanta Ltd will continue to hold around 60% stake in Hindustan Zinc Limited

 while also housing its copper, nickel and ferro alloys businesses.

Vedanta invested ₹15,000 crore in growth capex during FY26 across aluminium, zinc, oil & gas and emerging businesses. Agarwal said the group remains focused on scale, cost leadership, technology adoption and AI-driven efficiency while continuing investments in sustainability, safety and community development.