Vedanta announces Q2 FY27 results
VISL reports revenue and EBITDA growth, higher steel production, and maintains an AA/Stable credit rating from Crisil.
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Diversified natural resources and technology conglomerate
vedantaresources.comLast updated
In short: Vedanta posted strong Q2 profit, declared ₹5 dividend and advanced debt reduction
VISL reports revenue and EBITDA growth, higher steel production, and maintains an AA/Stable credit rating from Crisil.
The company distributes a total payout of ₹1,955 crore, focusing on long-term value creation for shareholders following the corporate restructuring milestone.
The company achieved record highs and strong year-on-year growth across its subsidiaries, including Aluminium, Zinc, Iron and Steel, Power, and Oil and Gas.
Revenue reached $18.22 billion while net debt/EBITDA improved to 2.0x, driven by operational efficiencies across metals and oil & gas segments.
Vedanta Group has announced plans for a USD 25 billion investment to expand its existing businesses significantly. The investment will focus on organic growth in...
By Anuran Sadhu Oct 28 (Reuters) - Vedanta is on track to eliminate net debt by the end of the year after lowering it sharply...
Vedanta Limited and Vedanta Aluminium both more than doubled their net profits in Q2FY27. Vedanta earned ₹3,650 crore, while VAML reported ₹5,167 crore. Higher commodity...
Vedanta Aluminium reported a 6% year-on-year decline in Q2 profit as margins narrowed. Revenue grew 4.4%, while record aluminium production and lower net debt supported...
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