Vedanta makes timely interest, redemption payment worth ₹2,500 crore to its debenture holders

Vendanta completed the timely payment of ₹2,500 crore in interest and redemption to its debenture holders, the company said on Thursday.

The technology conglomerate repaid the Secured Unrated Unlisted Redeemable Non-Convertible Debentures (NCDs) of ₹1 lakh each to its debenture holders.

Vedanta made the interest and redemption payment by 12:23 pm IST on Wednesday, it said in a regulatory filing.

In January, Vedanta’s parent company, Vedanta Resources Ltd (VRL), successfully restructured $3.1 billion through bond issuances in the four months preceding January, resulting in longer maturities of up to eight years.

Vedanta share performance

Shares of United Spirits closed in the green at ₹472.35 apiece on Thursday, up 1.19% on the National Stock Exchange (NSE). To be sure, the announcement was made after market hours.

The stock has surged 1.08% since the beginning of the week and 19.66% over the month. The scrip gained 6.28% on a year-to-date basis.

Vedanta reached its 52-week high of ₹526.95 on December 16, 2024, and a low of ₹267.35 almost a year ago on March 26, 2024.

Vedanta December quarter results

Vedanta’s consolidated profit after tax (PAT) in the December quarter of the 2024-25 financial year (Q3FY25) stood at ₹3,547 crore, jumping 76.2% year-on-year (YoY) from ₹2,013 crore in the corresponding period last year.

Its revenue from operations increased 10.18% YoY to ₹38,526 crore, compared to ₹34,968 crore in the third quarter of the 2023-24 financial year (Q3FY24).

Vedanta’s total market capitalisation stood at ₹1.84 lakh crore as of March 27, 2025, on the NSE.