Vedanta shares rally over 2% as board to consider second interim dividend payout for FY26

The metals and mining company said that the record date for determining the entitlement of equity shareholders to the proposed dividend, if declared, has been set as August 27, 2025 (Wednesday).

Vedanta had approved the first interim dividend for the current financial year on June 18, 2025. Its board of directors had nodded a dividend payment of ₹7 per share, amounting to ₹2,737 crore.

Anil Aggarwal-led Vedanta has a strong history of regularly rewarding shareholders with dividend payouts. Last financial year, Vedanta announced four interim dividends amounting to ₹43.50 per share.

Following this, Vedanta shares touched an intraday high of ₹448.80 apiece on the National Stock Exchange, gaining 2.4%. Last seen, the stock was trading 2.16% higher at ₹447.65 per share.

The multinational mining conglomerate reported a consolidated net profit of ₹3,185 crore in the April-June quarter (Q1 FY26), marking a decline of 12% from ₹3,606 crore registered in the same period last year.

Its revenue from operations grew 6% annually to ₹37,824 crore from ₹35,764 crore logged in the year-ago period.

The company’s operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), dropped marginally by 0.27% to ₹9,918 crore as against ₹9,945 crore year-on-year (YoY).

Its EBITDA margin contracted to 26.2% from 27.8% reported in the corresponding quarter of the previous fiscal year.

Vedanta’s capex spent for the quarter was ₹5,155 crore, and a consolidated dividend payout was ₹4,280 crore, while the firm’s net debt stands at ₹58,220 crore, implying a net debt/EBITDA ratio of 1.3x.

Over the last five trading days, Vedanta shares gained 3%, while for a month’s period, the stock has lost 1.2%.

Since February 19, 2025, which is six months, shares of the firm have climbed almost 6%.

The company’s market capitalisation stands at ₹1.75 lakh crore.

Shares of the firm had touched their one-year high of ₹526.95 apiece on December 16, 2024, while their 52-week low of ₹363 was hit on April 7, 2025.