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  1. Vedanta Aluminium, Vedanta Iron & Steel: Vedanta Group firms post Q1 updates; key metrics to track

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Vedanta Aluminium, Vedanta Iron & Steel: Vedanta Group firms post Q1 updates; key metrics to track

SUMMARY

After Vedanta Group's demerger in May 2026, the first round of production updates shows investors an overview of the operational health of the conglomerate. Here's what investors should know.

Vedanta Ltd, Vedanta Power, Vedanta Aluminium Metal, others were trading ex-production update on Monday, July 6. | Photo: Shutterstock

Vedanta Ltd, Vedanta Power, Vedanta Aluminium Metal, others were trading ex-production update on Monday, July 6. | Photo: Shutterstock

With the upcoming Q1 results season in focus of the stock market investors, Vedanta Group stocks like Vedanta Ltd, Vedanta Power, Vedanta Aluminium Metal, and Vedanta Iron & Steel were among others trading ex-production update on Monday, July 6, 2026.

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As the Vedanta Group stocks were largely trading in the red, the investors continued to analyse the production updates of the companies and factor them ahead of the upcoming first-quarter financial results.

Vedanta Group’s flagship company, Vedanta Ltd, demerged itself into four separate entities and one original entity at the beginning of May 2026, the shares of those demerged companies were listed on the NSE & BSE on June 15.

The demerger play was a strategic move for the conglomerate, which planned to unlock the value of its separate businesses while de-leveraging the debt-heavy parent company in an effort to attract investors to its separate verticals.

Q1 production updates snapshot

Vedanta Ltd

After the demerger move, the flagship company, Vedanta Ltd, retained its subsidiaries like Hindustan Zinc, Zinc International, Copper business, among others, for which the company released its latest production update.

Post market hours on Friday, July 3, Vedanta Ltd disclosed that Hindustan Zinc’s mined metal production increased by only 1% to 268 kilotonnes (kt) in Q1 FY2027, compared year-on-year (YoY) with 265 kt in the same period of the previous fiscal year.

The saleable metal production of Hindustan Zinc expanded 4% to 260 kt in the first quarter, from 250 kt in the same period a year ago. However, the advancement was recorded in only zinc production, while the refined lead production witnessed a 2% decline.

Under Zinc International, the company’s total mined metal production dropped 14% to 48 kilotonnes, compared to 57 kilotonnes in the same quarter of the previous fiscal year.

However, Ferro Alloys ore production gained 41%, copper sales were up 3%, copper rod sales globally dropped 51%, while the company’s ports operations at the Vizag General Cargo Berth rose 40% in discharge volumes and 11% in dispatch volumes.

Vedanta Aluminium

Vedanta Aluminium Metal’s production data for the first quarter ended June 30 shows that the company’s overall aluminium production rose 5% to 632 kilotonnes (kt), compared YoY with 605 kt in the same period a year ago.

The company also informed the stock exchanges that the mining lease for the Kuraloi (A) North Coal Block has been executed, and the mine opening permission has been acquired in June 2026.

Shares of the company were trading lower on Monday’s market after the recent rally.

Aluminium.webp

Vedanta Iron & Steel

Data showed that Vedanta Iron & Steel’s salable iron ore production advanced 4% to 2.6 million DMT, from 2.5 million DMT in the same period the previous fiscal year, according to an exchange filing.

While production from the iron ore in Goa and Odisha rose, the same from other areas like Karnataka declined 46%, resulting in a marginal growth rate of the Q1 numbers.

On the steel front, the overall saleable steel production expanded 4% to 582 kilotonnes, from 562 kilotonnes in the first quarter of the previous financial year.

Steel.webp

Vedanta Oil & Gas

Vedanta Oil & Gas production update for the first quarter showed that the company’s average daily gross production dropped 17% to 77.7 kboepd (thousand barrels of oil equivalent per day), compared YoY to 93.2 in the same period a year ago.

The data further showed that the total oil and gas volumes declined 17% to 7.1 kboepd, from 8.5 kboepd in the same period of the previous financial year. After Monday’s opening bell, the company shares were trading more than 7% lower on the NSE.

oil.webp

Vedanta Power

Vedanta Power’s Q1 data showed that the company’s power sales witnessed the highest contribution from Meenakshi Energy, which surged 245% to 1,350 million units compared YoY with 391 million units in the previous year.

The overall power sales expanded 38% to 5,225 million units, compared year-on-year with 3,784 million units in the same period a year ago, according to an exchange filing.

power.webp

Sterlite Tech

Vedanta Group subsidiary, Sterlite Technologies, after its board meeting last week announced that it has allotted 2.57 crore equity shares to qualified institutional buyers (QIBs), aggregating to a total of ₹1,500 crore through a Qualified Institutions Placement (QIP) issue, according to an exchange filing.

The funds raised from the company's QIP issue will be primarily used to substantially de-leverage the overall company's balance sheet, while aiming to aide the financial strength and creating a robust platform to fund the next phase of Sterlite Tech's growth.

List of Vedanta stocks in focus

Company NameCurrent Market Price (CMP)*5-day returns*YTD returns
Vedanta Ltd₹280-1.4%-53%
Vedanta Aluminium₹4642.2%-6.7%
Vedanta Iron & Steel₹3924%92%
Vedanta Oil & Gas₹40.5829%18%
Vedanta Power₹44.6910%11%
Hindustan Zinc₹5401.8%-12%
Sterlite Technologies₹560-8%459%

*Note: All data related to the current market price, YTD returns, and 5-day returns have been collected from the NSE website. The demerged companies were listed on the exchanges on June 15, a move which resulted in a reduction in the overall stock price of the original firm, Vedanta Ltd.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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