Vedanta Q2 Outcomes: Cons income plunges 59% YoY to Rs 1,798 crore on distinctive lack of Rs 2,067 crore


Metallic predominant Vedanta on Friday reported a 59% decline in its consolidated Q2 web income at Rs 1,798 crore, as compared with Rs 4,352 crore inside the year-ago interval.

The income after tax (PAT) is attributable to the home house owners of the company. The company’s full earnings from operations for the quarter stood at Rs 39,868 crore, up 5.9% from Rs 37,634 crore inside the corresponding interval closing yr.

The sharp fall in Vedanta’s September-quarter web income could also be attributed to a web distinctive lack of Rs 2,067 crore, as compared with useful properties of Rs 1,868 crore inside the year-ago interval.

The Anil Agarwal-led agency’s income after tax (PAT) fell 44% sequentially to Rs 1,798 crore from Rs 3,185 crore in Q1FY26, whereas the topline rose 5.4% from Rs 37,824 crore inside the April–June quarter of FY26. Excluding distinctive objects, the company’s PAT jumped 13% year-on-year to Rs 5,026 crore, the submitting to the exchanges talked about.

Vedanta talked about its second-quarter earnings was the perfect ever, whereas it moreover achieved a doc second-quarter EBITDA of Rs 11,612 crore, up 12% year-on-year, supported by a margin enlargement of 69 basis elements to 34%.

The company’s web debt-to-EBITDA ratio stood at 1.37x all through the quarter beneath evaluation, whereas its credit score standing was reaffirmed at AA, the submitting talked about.The dad or mum agency, Vedanta Sources Restricted, effectively refinanced $550 million by way of a bond concern, decreasing its complete curiosity worth from 11.6% to 10%, whereas significantly bettering the standard debt maturity to 4.5 years, the submitting talked about.

Aluminium

– Doc quarterly alumina manufacturing at 653 kt, up 31% YoY and 11% QoQ.
– Doc stable metal aluminium manufacturing at 617 kt, up 1% YoY and a pair of% QoQ.
– BALCO produced first metal from India’s largest 525 kA smelter.
– Comparative figures exclude one-time Cairn arbitration purchase in Q2FY24, personalized smelting on the copper enterprise, and one-off purchase in Q2FY26.

Zinc India

– Highest-ever second-quarter mined metal manufacturing at 258 kt, up 1% YoY.
– Lowest Q2 HZL COP inside the closing 5 years at $994/t, down 7% YoY and a pair of% QoQ.

Zinc Worldwide

– Mined metal manufacturing rose 38% YoY and 6% QoQ to 60 kt.
– Gamsberg’s manufacturing surged 54% YoY and 7% QoQ to 49 kt.

Oil & Gasoline

– Q2FY26 manufacturing stood at 89.3 kboepd.

Iron Ore, Metallic, and Copper

Iron ore manufacturing at IOG stood at 0.1 Mnt, up 48% YoY.
Doc quarterly pig iron manufacturing at 238 kt, up 26% YoY and 12% QoQ.
Ore manufacturing at Facor at 47 kt, up 23% YoY.

Vitality

Service supplier thermal vitality functionality enhanced to 4.2 GW with the commissioning of Athena (600 MW) and Meenakshi (1,000 MW) crops.

Administration Converse

Commenting on the Q2FY26 outcomes, Authorities Director Arun Misra talked about the company’s H1FY26 effectivity mirrored Vedanta’s resilience, as a result of it delivered 8% YoY EBITDA progress all through a interval marked by uncertainties and reduce commodity prices as compared with the FY25 frequent.

“We achieved doc manufacturing of aluminium, alumina, and zinc MIC in our worldwide operations, alongside pig iron and vitality know-how. We moreover made sturdy progress on new initiatives, along with the commissioning of 1.3 GW of newest vitality capacities, first metal manufacturing from the model new BALCO smelter, first alumina from the 1.5 MTPA Put together-2 at Lanjigarh refinery, and the start of the 160 KTPA roaster at Debari. Supported by elevated manufacturing functionality and a restoration in commodity prices, Vedanta is well-positioned to ship its best-ever effectivity in FY26, with full-year EBITDA anticipated to surpass the historic peak of spherical USD 6 billion achieved in FY22,” Misra added.



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