Vedanta Posts Strong Fourth Quarter, Profit Exceeds Projections
Vedanta Ltd. kicked off the financial year 2026 with a powerful fourth-quarter performance, showcasing a consolidated net profit surge of 20% to ₹9,353 crore. This figure comfortably outpaced market estimates, which had pegged profit closer to ₹8,100 crore. The company's top line also demonstrated impressive momentum, with revenue climbing 12% year-on-year to ₹51,524 crore, significantly higher than the anticipated ₹49,350 crore.
Segmental Strength Drives Profitability
The impressive quarterly results were primarily fueled by robust growth in Vedanta's key aluminum and zinc segments. Zinc India operations saw revenue jump 19.45% quarter-on-quarter, underpinned by a more than 50% surge in silver revenue and leading to a more than 27% increase in EBITDA for the division. Similarly, the aluminum business reported a strong uptick, with EBITDA rising over 20% quarter-on-quarter, supported by higher aluminum prices and an 11.18% rise in segment revenue.
Navigating Headwinds
Despite the overall positive performance, Vedanta's Zinc International division experienced a 10% decline in revenue quarter-on-quarter, acting as a drag on the consolidated figures. However, the company's improved EBITDA margin, reaching 35.8% from 33% in the previous periods and beating the estimated 34%, highlights effective cost management and operational efficiencies across its core businesses. The substantial beat on EBITDA, which rose 22% to ₹18,447 crore against an estimate of ₹18,100 crore, signals underlying operational strength.
