Vedanta profit surges 13% to ₹ 5,000 crores on back of record production, low cost

MUMBAI (INDIA): Vedanta Limited announced its unaudited consolidated results for the first quarter ended 30th June 2025, revealing a robust financial performance marked by a significant jump in profit and record EBITDA. The company’s profit after tax (adjusted for one-offs) increased by 13% year-on-year to ₹ 5,000 crore.

Vedanta clocked its highest-ever first quarter EBITDA, reaching ₹ 10,746 crore, a 5% increase over the previous year. This performance was underpinned by an improved EBITDA margin of 35%, which is the highest the company has seen in the last 13 quarters. Consolidated revenue for the quarter stood at ₹ 37,434 crore, up 6% year-on-year. The company's financial health was further affirmed with liquidity improving by 7% quarter-on-quarter and 33% year-on-year, bringing its cash and cash equivalents to a strong ₹ 22,137 crore. Both CRISIL and ICRA reaffirmed Vedanta's credit ratings at AA.

Operationally, the quarter was marked by several record-breaking achievements. Vedanta’s alumina production reached an all-time quarterly high of 587 kilotonnes (KT), up 9% year-on-year. The company’s zinc operations in India recorded their highest-ever first quarter mined metal production at 265 KT. Meanwhile, international zinc operations saw a remarkable 50% year-on-year surge in mined metal production. In the power sector, Vedanta commissioned 950 MW of new merchant power capacity, with both the Athena and Meenakshi power plants coming online in July 2025.

Commenting on the results, Anil Agarwal, Chairman of Vedanta, highlighted the company’s strong foundation for the year. "Amidst global market volatility, we delivered the highest-ever first quarter EBITDA," he said. He further noted operational successes and expressed confidence in the upcoming projects, including the commissioning of new smelter and thermal power capacity, which are expected to boost performance to a record high in the coming quarters. CFO Ajay Goel attributed the strong performance and an improved debt ratio to corporate initiatives, including a stake sale that generated significant cash.