Mining major Vedanta reported a 61 per cent profit growth in the third quarter of FY26. The company posted a consolidated net profit of Rs 5,710 crore in Q3 FY26. The company’s revenue in Q3 FY25 was at Rs 3,547 crore.
Further, Vedanta reported 37 per cent YoY revenue growth in the quarter. The company posted a consolidated revenue of Rs 23,369 crore from its operations in Q3 FY26. Its consolidated revenue in the corresponding quarter of the previous fiscal year was at Rs 17,063 crore.
Segment-wise revenue
Vedanta posted a consolidated revenue of Rs 10,608 crore from its zinc, lead and silver operations in India in Q3 FY26. The segment’s revenue in the previous corresponding quarter was Rs 8,297 crore.
The company said that it recorded its highest-ever quarter 3 metal production at 270kt, up 4 per cent YoY and 9 per cent QoQ.
Vedanta’s revenue from the aluminium business stood at Rs 16,866 crore in Q3 FY26, compared to a consolidated revenue of Rs 15,306 crore in Q2 FY25.
Vedanta said that it recorded quarterly alumina production of 794 kt in Q3 FY26, up 57 per cent YoY and 22 per cent QoQ.
“Alongside the landmark approval for the demerger into five pure-play entities, these results demonstrate our strong operational momentum and readiness to unlock long-term value as we advance Vedanta’s 2.0 journey”, Arun Misra, Executive Director of Vedanta, said in a statement.
Vedanta’s debt in Q3
Vedanata said that its net debt stood at Rs 60,624 crore at the end of the December quarter. The company added that its debt-to-EBITDA ratio was 1.23 times in Q3 FY26, compared to 1.40 times in 3QFY25.
Ajay Goel, Chief Financial Officer of Vedanta, said that the company’s EBITDA margins expanded by 629 basis points YoY to 41 per cent in the quarter.
“Our balance sheet continues to strengthen, with Net Debt to EBITDA improving to 1.23x from 1.40x YoY. The reaffirmation of our AA credit rating by CRISIL and ICRA following the NCLT demerger order, along with upgrades in VRL credit rating outlook from Stable to Positive by S&P, Moody’s & Fitch Ratings, underscore the market confidence in Vedanta’s growth trajectory.” Goel said