Vedanta Q2 FY26 results: Profit drops 38% to Rs 3,479 crore, revenue up 6% but margins flat

Vedanta’s Q2 FY26 profit declined 38% to ₹3,479 crore as costs rose and volumes dipped. Revenue grew 6%, while EBITDA increased 12%, maintaining a steady 34% margin.

Written by fazal rahim

October 31, 2025 15:20 IST

Vedanta reported a significant 38 per cent YoY profit decline in the second quarter

Vedanta reported a significant 38 per cent YoY profit decline in the second quarter of the financial year 2025-26. The mining major’s consolidated profit in Q2 FY26 fell to Rs 3,479 crore, compared to Rs 5,603 crore in Q2 FY25.

Further, Vedanta’s revenue from operations grew by a modest 6 per cent in the quarter. The company posted Rs 39,218 crore consolidated revenue from operations in Q2 FY26. In the corresponding quarter of the previous fiscal year, Vedanta’s consolidated revenue was at Rs 37,171 crore.

Vedanta’s EBITDA increased by 12 per cent YoY to Rs 11,612 crore in Q2 FY26. Last fiscal year, its EBITDA in the same quarter was Rs 10,364 crore. The company said that its EBITDA in the quarter was mainly driven by higher premiums and forex benefit, partially offset by higher costs and lower volume.

The company’s EBITDA margin remains unchanged at 34 per cent.

This article was first uploaded on October thirty-one, twenty twenty-five, at twenty minutes past three in the afternoon.