Billionaire Anil Agarwal’s metals and mining company Vedanta Ltd’s 2025-26 revenue beat street expectations on the back of strong commodity prices and higher volumes.
The company’s annual revenue jumped 15.83% to ₹1,74,075 crore for the full year, surpassing Bloomberg estimates of ₹1,70,000 crore, based on a 16-analyst poll. Profit attributed to the owners of the company stood at ₹17,391 crore, up 16% compared to 2024-25, according to Vedanta’s exchange filings.
Vedanta’s performance was driven by record output from and zinc operations, while cost efficiencies helped bring down production costs to multi-year lows, according to the company statement.
The company also benefited from a supportive commodity price environment during the year, which boosted overall .
“Our continued focus on operational excellence resulted in the lowest costs in the last five years at the aluminium and zinc business,” said Arun Misra, executive director, Vedanta, in a statement.
Vedanta’s Ebitda (earnings before interest, taxes, depreciation and amortization) rose by 29% to ₹55,976 compared to the previous fiscal’s ₹43,541 crore.
“The quarter marks a defining point for Vedanta, with the delivery of our strongest-ever financial performance recording all-time highs in revenue, Ebitda, and PAT for both the quarter and the full year and a clear positioning for the next phase of growth with Demerger effective from 1 May 2026,” said Ajay Goel, chief financial officer, Vedanta, in a statement.
Capital expenditure for the year stood at ₹14,918 crore, focused on capacity expansion and supply-chain integration. The company also paid shareholders a dividend of ₹34 per share.
Future outlook
Vedanta’s planned , effective May 2026, is expected to unlock value and create more focused business verticals, positioning the group for its next phase of growth.
Vedanta is undergoing a major restructuring, splitting itself into five independent listed companies: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and parent Vedanta Ltd, which will house the zinc and silver businesses through Hindustan Zinc and act as an incubator for new opportunities.
Vedanta’s shares rose 4.45% to ₹772.10 on Wednesday after results were announced.