Vedanta Reports Record FY26 Profit, Unveils Demerger Growth Strategy
ECONOMY & POLICY

Vedanta Reports Record FY26 Profit, Unveils Demerger Growth Strategy

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.

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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement