Vedanta Limited, one of India’s leading diversified natural resources companies, reported a mixed financial performance for the quarter ended June 30, 2025 (Q1FY26), with a decline in net profit but a steady growth in revenue.

Net profit declines 11.7% YoY

The company reported a consolidated net profit of ₹3,185 crore in Q1FY26, down 11.7% compared to ₹3,606 crore in the year-ago quarter. The decline in profit came despite stable operating performance, indicating pressures from higher depreciation, interest, or other non-operating expenses.

Revenue grows 5.8% YoY

Vedanta’s total revenue from operations stood at ₹37,824 crore, registering a growth of 5.8% over ₹35,764 crore in Q1FY25. The increase was supported by higher sales volumes and improved realizations in key segments like zinc, aluminium, and oil & gas.

Operating EBITDA remains flat

The company reported an EBITDA of ₹9,918 crore during the quarter, nearly flat on a year-on-year basis. While core operations remained resilient, EBITDA growth was capped due to cost headwinds and lower margins in some business verticals.

Margins decline marginally

Operating margin for Q1FY26 stood at 26.2%, compared to 27.8% in the corresponding quarter last year, indicating a slight compression in profitability due to input cost inflation and changes in product mix.

Key highlights

  • Net Profit: ₹3,185 crore, down 11.7% YoY

  • Revenue: ₹37,824 crore, up 5.8% YoY

  • EBITDA: ₹9,918 crore, flat YoY

  • EBITDA Margin: 26.2% vs 27.8% YoY