Vedanta Ltd

The Nifty 24 February 2026 futures closed at 25,425, a premium of 104.35 points compared with the Nifty's closing at 25,320.65 in the cash market. In the cash market, the Nifty 50 index fell 98.25 points or 0.39% to 25,320.65. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was up 1.96% to 13.63. Vedanta, Hindustan Zinc and Dixon Technologies (India) were the top-traded individual stock futures contracts in the F&O segment of the NSE. The February 2026 F&O contracts will expire on 24 February 2026. Powered by Capital Market - Live

Net profit of Vedanta rose 60.98% to Rs 5710.00 crore in the quarter ended December 2025 as against Rs 3547.00 crore during the previous quarter ended December 2024. Sales rose 37.25% to Rs 22979.00 crore in the quarter ended December 2025 as against Rs 16742.00 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales22979.0016742.00 37 OPM %29.8829.94 - PBDT6369.004279.00 49 PBT4945.003041.00 63 NP5710.003547.00 61 Powered by Capital Market - Live

Revenue from operations jumped 36.95% YoY to Rs 23,369 crore in the quarter ended 31 December 2025. Profit before exceptional items and tax soared 62.61% YoY to Rs 4,945 crore in Q3 FY26. The company reported an exceptional loss of Rs 199 crore during the quarter under review. EBITDA jumped 34% to Rs 15,171 crore in Q3 FY26 from Rs 11,284 crore in Q3 FY25. EBITDA margin improved to 41% in Q3 FY26, compared with 34% in Q3 FY25. Depreciation and amortisation rose 2% YoY to Rs 2,725 crore. This was lower due to accounting treatment as required under Ind AS 105 following the NCLT demerger order dated 16 December 2025. The YoY increase was primarily due to major capitalisation and higher production at Zinc India. Investment income declined 5% YoY due to a change in the investment mix, but rose 7% quarter-on-quarter (QoQ) owing to higher interest income from income tax refunds. On the balance sheet front, gross debt stood at Rs 80,709 crore as of 31 December 2025, while net debt was Rs 60,624 crore. Net debt-to-EBITDA ratio improved to 1.23x from 1.40x in Q3 FY25. Cash and cash equivalents remained strong at Rs 20,085 crore. The company follows a board-approved investment policy and invests in high-quality debt instruments, including mutual funds, bonds, and bank fixed deposits. Arun Misra, executive director, Vedanta, said, 'Q3 FY26 has been a landmark quarter for Vedanta, delivering our highest-ever EBITDA of Rs 15,171 crore, with two of our businesses achieving their best-ever financial results. Aluminium posted its strongest EBITDA margin of $1,268 per ton, supported by record alumina and aluminium production. Zinc India recorded its highest-ever quarterly EBITDA of Rs 6,064 crore, driven by record mined and refined metal output, with silver contributing 44% of overall profit. Zinc International also reported a 28% YoY increase in production, led by Gamsberg achieving its highest-ever recovery. Our Oil & Gas business reached a major milestone with India's first subsea template installation, while our Thermal Power business delivered 188% YoY EBITDA growth with a 62% increase in sales volumes. The Steel and Ferrochrome Business also achieved record production of steel billets at 285 kt, and ferrochrome output up 32% YoY. 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'. Ajay Goel, chief financial officer, Vedanta, said, 'This has been a remarkable quarter for Vedanta. We delivered our highest-ever quarterly PAT of Rs 7,807 crore, marking a strong 60% YoY growth. Our Q3 revenue stood at a record Rs 45,899 crore, up 19% YoY, while EBITDA reached an all-time high of Rs 15,171 crore, growing 34% YoY. EBITDA margins expanded sharply by 629 bps YoY to 41%. 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. We are now entering an exciting phase of growth and value unlocking, creating long-term value for all our stakeholders.' Vedanta is a global producer of critical minerals, energy transition metals, power, and technology, with operations across India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan. It is the world's largest integrated zinc producer, the fourth-largest silver producer, and among the top aluminium producers globally. Vedanta is also India's only private oil and gas producer and one of the country's largest private power generators. The counter rallied 3.93% to Rs 766.10 on the BSE. Powered by Capital Market - Live

The board of Vedanta at its meeting held on 29 January 2026 has approved the appointment of Neha Sharma as Group Chief Human Resource Officer and designated her as Senior Management Personnel at Vedanta effective 10 February 2026. The board has taken on record the resignation of Madhu Srivastava, Group Chief Human Resource Officer designated as a Senior Management Personnel of the Company from the said position effective from close of business hours on 31 January 2026.Powered by Capital Market - Live

Vedanta Ltd gained for a fifth straight session today. The stock is quoting at Rs 740.05, up 4.9% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 25275.35. The Sensex is at 82136.46, up 0.34%. Vedanta Ltd has risen around 24.78% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has risen around 12.64% in last one month and is currently quoting at 11829.65, up 2.73% on the day. The volume in the stock stood at 195.21 lakh shares today, compared to the daily average of 167.96 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 738.8, up 4.37% on the day. Vedanta Ltd is up 71.86% in last one year as compared to a 9.12% spurt in NIFTY and a 46.27% spurt in the Nifty Metal index.The PE of the stock is 29.33 based on TTM earnings ending September 25.Powered by Capital Market - Live

Vedanta will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

Vedanta Ltd is up for a third straight session today. The stock is quoting at Rs 695.7, up 2.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 25210.75. The Sensex is at 82029.72, down 0.34%. Vedanta Ltd has gained around 16.31% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has gained around 8.36% in last one month and is currently quoting at 11573.7, up 0.58% on the day. The volume in the stock stood at 131.74 lakh shares today, compared to the daily average of 161.81 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 695.1, up 2.57% on the day. Vedanta Ltd is up 57.4% in last one year as compared to a 9.17% jump in NIFTY and a 37.94% jump in the Nifty Metal index.The PE of the stock is 28.2 based on TTM earnings ending September 25.Powered by Capital Market - Live

Vedanta Ltd is up for a fifth straight session today. The stock is quoting at Rs 681.65, up 0.87% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 25759.55. The Sensex is at 83749.1, up 0.44%. Vedanta Ltd has gained around 19.63% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has gained around 11.22% in last one month and is currently quoting at 11661.4, up 0.05% on the day. The volume in the stock stood at 182.38 lakh shares today, compared to the daily average of 155.57 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 681.1, up 0.78% on the day. Vedanta Ltd is up 50.13% in last one year as compared to a 11.02% jump in NIFTY and a 36.91% jump in the Nifty Metal index.The PE of the stock is 28.08 based on TTM earnings ending September 25.Powered by Capital Market - Live

In a note to investors, the broker highlighted that Vedanta is nearing the final stage of obtaining statutory clearances for its planned demerger into five separate listed entities. The move is expected to unlock significant shareholder value by distinctly valuing its diversified asset base. The brokerage also pointed to robust commodity prices, ongoing cost reduction efforts and volume growth as tailwinds for the company's earnings. On the back of higher commodity price assumptions, it raised Vedanta's EBITDA estimates for financial years 2027 and 2028, factoring in stronger profitability. The brokerage now forecasts Vedanta's EBITDA to grow at a compounded annual growth rate (CAGR) of about 20% between FY25 and FY28. The note further observed that Vedanta's current market price does not fully reflect the value of its aluminium and zinc businesses, while other key businesses are trading at valuations implying limited value, offering potential upside as clarity around the demerger and earnings trajectory improves. Vedanta is a global producer of critical minerals, energy transition metals, power, and technology, with operations across India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan. It is the world's largest integrated zinc producer, the fourth-largest silver producer, and among the top aluminum producers globally. Vedanta is also India's only private oil and gas producer and one of the country's largest private power generators. The company's consolidated revenue rose 6% YoY to Rs 39,218 crore in Q2 FY26, up from Rs 37,171 crore in Q2 FY25. However, profit after tax (PAT) declined 38% YoY to Rs 3,479 crore, compared to Rs 5,603 crore in Q2 FY25. Powered by Capital Market - Live

Vedanta Ltd gained for a third straight session today. The stock is quoting at Rs 634.1, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.41% on the day, quoting at 25685. The Sensex is at 83470.88, down 0.49%. Vedanta Ltd has gained around 15.42% in last one month. Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has gained around 7.49% in last one month and is currently quoting at 11315.75, up 0.24% on the day. The volume in the stock stood at 111.61 lakh shares today, compared to the daily average of 147.77 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 632.65, up 0.48% on the day. Vedanta Ltd is up 47.26% in last one year as compared to a 10.83% jump in NIFTY and a 37.2% jump in the Nifty Metal index.The PE of the stock is 26.08 based on TTM earnings ending September 25.Powered by Capital Market - Live