Vedanta Reports Record Profit in FY26

07 May 2026 CW Team

Vedanta reported its best-ever financial performance in FY26, with profit after tax of Rs 250.96 billion and revenue of Rs 1.74 trillion, supported by operational excellence across businesses. The company delivered nearly 50 per cent total shareholder return and declared a dividend of Rs 34 per share.

Vedanta said its net debt-to-EBITDA improved to 0.95x, strengthening financial flexibility. Its demerger, effective 1 May 2026, is aimed at unlocking value by creating focused businesses across aluminium, oil and gas, power, iron and steel, zinc, copper, nickel and ferro alloys.

Vedanta Aluminium plans to double capacity to 6 million tonnes per annum, while Vedanta Oil & Gas aims to scale output to 300,000–500,000 barrels per day with an investment of $5 billion. Vedanta Power has 4.2 GW operational capacity and a 12 GW expansion pipeline.

Vedanta Iron & Steel plans to increase capacity from 4 million tonnes per year to 10 million tonnes, with a longer-term target of 15 million tonnes. Vedanta Ltd will retain about 60 per cent in Hindustan Zinc and house its zinc international, copper, ferro alloys and nickel businesses.

The company has deployed Rs 150 billion in growth capex across aluminium, zinc, oil and gas and emerging businesses. Vedanta said its strategy remains focused on scale, cost leadership, disciplined capital allocation, technology adoption, sustainability, safety and long-term value creation.

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