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Vedanta Posts 72% YoY Profit Jump to Rs 5,473 Crore
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Vedanta reported a 72% year-on-year jump in consolidated net profit to Rs 5,473 crore for the first quarter of FY27, driven by a 98% surge in EBITDA to a record Rs 8,469 crore.
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Vedanta Posts 72% YoY Profit Jump to Rs 5,473 Crore
Vedanta, a metals and mining major, reported a significant increase in its financial performance for the first quarter of FY27. The company's consolidated net profit jumped 72% year-on-year to Rs 5,473 crore, compared to Rs 3,185 crore in the corresponding quarter of the previous financial year. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) surged 98% year-on-year to a record Rs 8,469 crore, while the EBITDA margin expanded 985 basis points to 57%. The company attributed the strong performance to its operational efficiency and cost optimization measures.
Vedanta Aluminium Metal Q1 Net Profit Rises 34% QoQ to Rs 5,629 Crore
Vedanta Aluminium Metal reported a strong sequential performance for the fiscal first quarter, with net profit, revenue, and EBITDA rising from the previous quarter. The company's net profit rose 34% quarter-on-quarter to Rs 5,629 crore, while revenue climbed 12%. The operating margins also improved, indicating a strong performance by the company. The results are expected to boost investor sentiment in the coming days.
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