Vedanta Q2 Results: Cons profit plunges 59% YoY to Rs 1,798 crore; revenue rises 6%

Synopsis

Vedanta Q2 Results: ​​The profit after tax (PAT) is attributable to the owners of the company. The company’s total revenue from operations for the quarter stood at Rs 39,868 crore, up 5.9% from Rs 37,634 crore in the corresponding period last year.

Metal major Vedanta on Friday reported a 59% decline in its consolidated Q2 net profit at Rs 1,798 crore, compared to Rs 4,352 crore in the year-ago period.

The profit after tax (PAT) is attributable to the owners of the company. The company’s total revenue from operations for the quarter stood at Rs 39,868 crore, up 5.9% from Rs 37,634 crore in the corresponding period last year.

The sharp fall in Vedanta's September-quarter net profit can be attributed to a net exceptional loss of Rs 2,067 crore, compared to gains of Rs 1,868 crore in the year-ago period.

The Anil Agarwal-led company’s profit after tax (PAT) fell 44% sequentially to Rs 1,798 crore from Rs 3,185 crore in Q1FY26, while the topline rose 5.4% from Rs 37,824 crore in the April–June quarter of FY26. Excluding exceptional items, the company’s PAT jumped 13% year-on-year to Rs 5,026 crore, the filing to the exchanges said.

Vedanta said its second-quarter revenue was the highest ever, while it also achieved a record second-quarter EBITDA of Rs 11,612 crore, up 12% year-on-year, supported by a margin expansion of 69 basis points to 34%.

The company’s net debt-to-EBITDA ratio stood at 1.37x during the quarter under review, while its credit rating was reaffirmed at AA, the filing said.

The parent company, Vedanta Resources Limited, successfully refinanced $550 million through a bond issue, reducing its overall interest cost from 11.6% to 10%, while significantly improving the average debt maturity to 4.5 years, the filing said.

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