Steel main Vedanta on Friday reported a 59% decline in its consolidated Q2 internet revenue at Rs 1,798 crore, in comparison with Rs 4,352 crore within the year-ago interval.

The revenue after tax (PAT) is attributable to the house owners of the corporate. The corporate’s whole income from operations for the quarter stood at Rs 39,868 crore, up 5.9% from Rs 37,634 crore within the corresponding interval final yr.

The sharp fall in Vedanta’s September-quarter internet revenue may be attributed to a internet distinctive lack of Rs 2,067 crore, in comparison with good points of Rs 1,868 crore within the year-ago interval.

The Anil Agarwal-led firm’s revenue after tax (PAT) fell 44% sequentially to Rs 1,798 crore from Rs 3,185 crore in Q1FY26, whereas the topline rose 5.4% from Rs 37,824 crore within the April–June quarter of FY26. Excluding distinctive gadgets, the corporate’s PAT jumped 13% year-on-year to Rs 5,026 crore, the submitting to the exchanges stated.

Vedanta stated its second-quarter income was the best ever, whereas it additionally achieved a report second-quarter EBITDA of Rs 11,612 crore, up 12% year-on-year, supported by a margin enlargement of 69 foundation factors to 34%.


The corporate’s internet debt-to-EBITDA ratio stood at 1.37x throughout the quarter underneath assessment, whereas its credit standing was reaffirmed at AA, the submitting stated.The mother or father firm, Vedanta Assets Restricted, efficiently refinanced $550 million via a bond challenge, lowering its total curiosity price from 11.6% to 10%, whereas considerably bettering the common debt maturity to 4.5 years, the submitting stated.

Aluminium

– File quarterly alumina manufacturing at 653 kt, up 31% YoY and 11% QoQ.
– File solid metallic aluminium manufacturing at 617 kt, up 1% YoY and a pair of% QoQ.
– BALCO produced first metallic from India’s largest 525 kA smelter.
– Comparative figures exclude one-time Cairn arbitration acquire in Q2FY24, customized smelting on the copper enterprise, and one-off acquire in Q2FY26.

Zinc India

– Highest-ever second-quarter mined metallic manufacturing at 258 kt, up 1% YoY.
– Lowest Q2 HZL COP within the final 5 years at $994/t, down 7% YoY and a pair of% QoQ.

Zinc Worldwide

– Mined metallic manufacturing rose 38% YoY and 6% QoQ to 60 kt.
– Gamsberg’s manufacturing surged 54% YoY and seven% QoQ to 49 kt.

Oil & Gasoline

– Q2FY26 manufacturing stood at 89.3 kboepd.

Iron Ore, Metal, and Copper

Iron ore manufacturing at IOG stood at 0.1 Mnt, up 48% YoY.
File quarterly pig iron manufacturing at 238 kt, up 26% YoY and 12% QoQ.
Ore manufacturing at Facor at 47 kt, up 23% YoY.

Energy

Service provider thermal energy capability enhanced to 4.2 GW with the commissioning of Athena (600 MW) and Meenakshi (1,000 MW) vegetation.

Administration Converse

Commenting on the Q2FY26 outcomes, Govt Director Arun Misra stated the corporate’s H1FY26 efficiency mirrored Vedanta’s resilience, because it delivered 8% YoY EBITDA development throughout a interval marked by uncertainties and decrease commodity costs in comparison with the FY25 common.

“We achieved report manufacturing of aluminium, alumina, and zinc MIC in our worldwide operations, alongside pig iron and energy technology. We additionally made robust progress on new initiatives, together with the commissioning of 1.3 GW of latest energy capacities, first metallic manufacturing from the brand new BALCO smelter, first alumina from the 1.5 MTPA Practice-2 at Lanjigarh refinery, and the beginning of the 160 KTPA roaster at Debari. Supported by elevated manufacturing capability and a restoration in commodity costs, Vedanta is well-positioned to ship its best-ever efficiency in FY26, with full-year EBITDA anticipated to surpass the historic peak of round USD 6 billion achieved in FY22,” Misra added.



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