Vedanta Q4 results: Revenue jumps 29% YoY to ₹51,524 crore; check FY27 production guidance

It reported a consolidated profit after tax (PAT) of ₹9,352 crore during the quarter under review, reflecting an 89% year-on-year (YoY) surge from ₹4,961 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

Its bottom-line growth was bolstered by higher sales volume amid rising global metal prices, as well as the weakening rupee's exchange rate.

The company's revenue from operations grew 29% YoY to ₹51,524 crore in Q4 FY26, compared to ₹39,789 crore in the same period last year, according to a regulatory filing. The top-line growth was driven by higher London Metal Exchange (LME), volume premiums, and forex gains.

At an operational level, it reported its highest-ever quarterly EBITDA (earnings before interest, tax, depreciation and amortisation), which stood at ₹18,447 crore for the reporting quarter, up 59% YoY from ₹11,618 crore in Q4 FY25.

Furthermore, its EBITDA margin improved by 915 basis points (bps) YoY to 44% in the March FY26 quarter, as against 35% in the year-ago period.

FY27 guidance

Vedanta projected its aluminium production in the 2026-27 fiscal year to be between 2.6 and 2.7 million tonnes (mt), and alumina production in the 4.0 to 4.1 mt range. The COP projection stands between the $1,650 and $1,700 per tonne range.

For Zinc India, the firm expects silver production to be between 670 and 690 tonnes in FY27. Furthermore, it projected mined metal production to stand in the 1,140 to 1,160 kt and finished metal production to be between 1,090-1,110 kt.

Under its iron ore and value-added business (VAB), it expects its pig iron production to be in the 950 to 1,001 kt range.

Its oil and gas production is projected to be in the 90 to 95 kboepd range.

Vedanta has a total market capitalisation of ₹3.03 lakh crore as of April 29, 2026, according to data on the NSE.