Vedanta records Rs 9,352 crore PAT in Q4 with 89% YoY growth

Business Desk — Wed, 29 Apr 2026 09:17:32 +0000

Vedanta Limited has announced its audited consolidated results for the fourth quarter and full year ending 31st March 2026, showcasing a remarkable financial performance. The company reported a profit after tax (PAT) of ₹9,352 crore for Q4, marking an 89% year-on-year (YoY) increase and a 20% quarter-on-quarter (QoQ) rise. For the full year, the PAT stood at ₹25,096 crore, up 22% YoY.

The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached a record ₹18,447 crore in Q4, reflecting a 59% YoY increase, and ₹55,976 crore for the fiscal year, up 29% YoY. The EBITDA margin improved to a record 44% in Q4, up by 915 basis points (bps) YoY, and to 39% for FY26, up 470 bps.

Vedanta also achieved its best-ever revenue figures, with Q4 revenue at ₹51,524 crore, a 29% YoY increase, and annual revenue at ₹1,74,075 crore, up 15% YoY. The company’s net debt to EBITDA ratio improved to 0.95x, the best in 14 quarters, from 1.22x in Q4 FY25. Credit ratings were reaffirmed at AA by CRISIL and ICRA.

In terms of shareholder returns, Vedanta delivered a total shareholder return (TSR) of 48.6% for FY26, which is 2.1 times the Nifty Metal Index. The company also declared a dividend of ₹11 per share in Q4 and ₹34 per share for the entire fiscal year.

Vedanta’s operational highlights include record aluminium production of 2,456 kilotonnes (kt), alumina production of 2,916 kt at the Lanjigarh refinery, and the lowest aluminium cost of production (COP) in five years at $1,752 per tonne. Zinc India reported best-ever mined metal production at 1,114 kt and refined zinc metal production at 851 kt, with the lowest COP in five years at $959 per tonne.

The company also reported significant achievements in its Zinc International, Oil & Gas, Power, and Iron Ore, Steel, and Other segments, with record production figures and strategic developments.

Vedanta’s ESG initiatives in FY26 included Hindustan Zinc’s membership in the International Council on Mining & Metals (ICMM) and significant environmental and social contributions, such as a 52% increase in renewable energy use and ₹418 crore invested in CSR initiatives.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Ajay Goel | Business Upturn

Vedanta records Rs 9,352 crore PAT in Q4 with 89% YoY growth