Vedanta Limited Delivers Highest-ever Half-yearly Profit of $1.21 bn, up 151% YoY

03 Nov 2026 - 11:26

Indian multinational Vedanta Limited (BSE: 500295 & NSE: VEDL), a global leader in metals and critical minerals, announced its consolidated results for the second quarter and half year ended 30 September 2026, delivering its best-ever financial performance driven by operational excellence and disciplined execution.

Vedanta Limited achieved its highest-ever quarterly Profit of $649 mn, up 151% YoY , while half-yearly Profit reached a record $1.21 bn, up 151% YoY . Vedanta also declared its first interim dividend of INR 5 per share during the quarter, reinforcing its commitment to shareholder returns.

The Company delivered record quarterly revenue of $2.70 bn, up 57% YoY , taking half-yearly revenue to a record $5.18 bn, up 54% YoY . Quarterly EBITDA surged 106% YoY to $1.04 bn , while half-yearly EBITDA reached a record $1.94 bn, up 103% YoY . EBITDA margins expanded to 60% in Q2 and 58% in H1 , improving by 1,055 bps and 1,023 bps YoY, respectively.

Vedanta further strengthened its balance sheet, with a best-in-industry Net Debt/EBITDA of 0.1x , from 0.3x in Q1 FY27. Net debt declined by $497 mn QoQ to $380 mn , from $877 mn in June 2026. The Company generated strong Q2 free cash flow (pre-capex) of $607 mn , taking cumulative H1 free cash flow to $1.07 bn . Cash and cash equivalents stood at $2.78 bn .

Underscoring improved financial strength, both ICRA and CRISIL reaffirmed Vedanta Limited’s AA+/Stable credit rating.

Key operational milestones included the commissioning of Gamsberg Phase II in South Africa , adding 200 KTPA of metal-in-concentrate capacity and taking Vedanta Zinc International's total capacity to 500 KTPA . FACOR successfully produced its first tonne of chromite ore from underground mines in Odisha, while Vedanta Limited's portfolio of critical mineral blocks expanded to 11, with five under exploration .

USD-INR exchange rate

Average: 95.57 (Q2), 95.08 (H1)

Closing: 95.92

For media queries, contact:

Sonal.Choithani@vedanta.co.in

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