New Delhi, August 1: Vedanta Limited has announced its unaudited consolidated financial results for the first quarter ended June 30, 2025. The company recorded a 13% year-on-year (YoY) increase in net profit, reaching ₹5,000 crore. This performance was driven by record production and reduced costs.
Vedanta reported its highest-ever first-quarter EBITDA of ₹10,746 crore, marking a 5% YoY growth. EBITDA margin rose by 81 basis points to 35%, the highest in the last 13 quarters. The consolidated revenue stood at ₹37,434 crore, a 6% YoY increase.
Strong Liquidity and Improved Returns
The company’s liquidity improved by 7% quarter-on-quarter (QoQ) and 33% YoY, with cash and cash equivalents reaching ₹22,137 crore. Return on Capital Employed (ROCE) improved by 87 basis points to 25%. Credit rating agencies CRISIL and ICRA reaffirmed Vedanta’s credit rating at AA.
Operational Milestones Across Verticals
Vedanta achieved a record alumina production of 587 kilotons (KT), a 9% YoY increase. The hot metal cost (excluding alumina) was the lowest in the past 16 quarters at $888 per ton. Total alumina production cost dropped by 12% QoQ.
In India, Vedanta’s zinc operations recorded the highest-ever mined metal production in Q1 at 265 KT and the lowest Q1 zinc production cost at $1,010 per ton. International zinc operations saw a 50% YoY rise in mined metal production.
The company commissioned 950 MW of merchant power capacity in July 2025, including Unit 1 (600 MW) of Athena Power Plant and Unit 3 (350 MW) of Meenakshi Power Plant.
Chairman and CFO Share Strategic Outlook
Vedanta Chairman Anil Agarwal stated, “Our Q1 performance has laid a strong foundation for the year. Amid global market volatility, we achieved our highest-ever Q1 EBITDA. We also saw a 74% YoY production rise at Gamsberg, 33% QoQ growth in power sales, and a 150% increase in ferrochrome volumes. The Lanjigarh refinery ramping up to 587 KT indicates we’re on track to cross 3 million tons of alumina production in FY26. Commissioning of Train-2 at Lanjigarh, 435 KT smelter capacity at BALCO, and 1,300 MW thermal power capacity in Q2 will support our full-year guidance.”
Chief Financial Officer Ajay Goel added, “Our adjusted net profit reached ₹5,000 crore, showing 13% growth. The strong performance, along with ₹3,028 crore from Hindustan Zinc stake sale, helped reduce our net debt-to-EBITDA ratio to 1.3x. With ₹5,000 crore raised via non-convertible debentures and refinancing, our debt cost dropped by 130 basis points to 9.2%. Our AA rating from CRISIL and ICRA reflects market confidence in our financial stability.”
Sustainability and CSR Highlights
Vedanta showed strong performance in the S&P Global Sustainability Yearbook 2025. Hindustan Zinc ranked in the top 1% globally for ESG performance. Vedanta Limited and Vedanta Aluminium were also recognised as Sustainability Yearbook members.
The company has implemented Renewable Energy (RE) Power Delivery Agreements (PDAs) for 1,906 MW of capacity. In Q1 FY26, RE usage reached 0.84 billion units. Gender diversity rose to 22%, a 20% increase from Q1 FY25. HVLT waste utilisation stood at 72%, and water recycling reached 48%.
Over 5 lakh trees were planted in Q1 FY26, bringing the total to 3.5 million trees, nearing 50% of the 2030 goal of 7 million trees. As of Q1 FY26, Vedanta has established over 8,600 Nand Ghars, benefiting 3.4 lakh children and over 2.5 lakh women. The company spent ₹98 crore on CSR initiatives, positively impacting approximately 20.4 lakh lives.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
Vedanta Reports ₹5,000 Crore Profit in Q1 FY26, Up 13% on Record Production and Lower Costs
