Vedanta Q1 Results: Profit jumps 72% YoY to Rs 5,473 crore; EBITDA soars 98% to record high

Metals and mining major Vedanta on Thursday reported a 72% year-on-year (YoY) jump in consolidated net profit to Rs 5,473 crore for the first quarter of FY27, compared with Rs 3,185 crore in the corresponding quarter of the previous financial year.

Vedanta said its EBITDA surged 98% year-on-year to a record Rs 8,469 crore in the June quarter, while EBITDA margin expanded 985 basis points to 57%, excluding the copper business. Meanwhile, revenue from operations rose 54% YoY to Rs 24,205 crore from Rs 15,754 crore in the year-ago period.

Along with the Q1 earnings, Vedanta announced that its board of directors during its meeting today considered and approved the appointment of Arun Misra as the company’s CEO, effective from August 1 this year till the end of July 2027 next year.

Vedanta said its net debt reduced by Rs 2,223 crore during Q1, while Overall borrowing cost reduced to less than 8.5% per annum. Combined market cap of all demerged stocks that spun out of Vedanta during the mega restructuring earlier this year grew by over Rs 71,000 crore in Q1.

What Vedanta management said
Vedanta has delivered a strong start to FY27, with robust performance across all business segments of demerged Vedanta, said the company’s Executive Director Arun Misra. “Zinc India registered its highest-ever first-quarter mined metal production. FACOR delivered its highest-ever quarterly ore production and EBITDA. Copper India recorded its highest first-quarter sales in eight years. Zinc International continued to build momentum at Gamsberg, with Phase 1 output rising sequentially and Phase 2 on track to commence this quarter. This consistent operational execution across our portfolio reflects the strength of our underlying asset base and our continued focus on volume growth, cost efficiency and value creation,” he added.

Vedanta CFO Ajar Goel meanwhile said that the company’s demerger is unlocking significant shareholder value, while the company delivered strong Q1 results.

Vedanta share price
Vedanta shares rose nearly 1% to trade at Rs 267 apiece after the release of the results. The stock has gained over 1% in a week but declined around 5% in a month.

Vedanta currently has a market capitalisation of Rs 1.04 lakh crore.

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