Vedanta Limited, a leading player in India’s metals and mining sector, has announced its financial and operational results for the fourth quarter of FY2025, ended March 31, showcasing robust performance in both financial metrics and production output.
Financial outcome – outpaces previous benchmarks
Thanks to favourable commodity prices and expense reduction strategy, Vedanta has seen the highest-ever quarterly profit after tax (PAT), recording a jump of 118 per cent Y-o-Y to INR 4,961 crore (USD 591.5 million). Revenue also stood the highest-ever at INR 39,789 crore (USD 4.74 billion), registering an increase of 14 per cent Y-o-Y. Quarterly EBITDA grew 30 per cent, reaching INR 11,618 crore (USD 1.4 billion), mainly driven by higher volumes and higher premiums but partly offset by input commodity inflation.
Over a quarter, the company’s revenue grew by 3 per cent from INR 38,526 crore (USD 4.59)), while its PAT increased by 2 per cent from INR 4,876 crore (USD 581 million).
The Q4 surge also took the full-year FY2025 revenue to a new high at INR 150,725 crore (USD 17.97 billion), up by 10 per cent Y-o-Y from INR 136,985 crore (USD 16.33 billion) a year ago. The full year’s PAT was INR 20,535 crore (USD 2.45 billion), up by 172 per cent from INR 7,539 crore (USD 899 million). EBITDA totalled INR 43,541 crore (USD 5.19 billion) at the end of FY2025, compared to INR 31,818 crore (USD 3.79 billion) in FY2024.
Operational performance at its peak
Along with record financial output, Vedanta has also achieved the highest-ever aluminium production in FY2025 by churning out 2,421 thousand tonnes versus 2,370 thousand tonnes in FY2024. In Q4, the output volume was 603,000 tonnes, marking a 1 per cent increase from 598,000 tonnes a year ago.
The company attributed the growth to its Jharsuguda and BALCO smelters, as the former expanded its production by 3 per cent to 1,830 thousand tonnes, surpassing the nameplate capacity, the latter posted a 1 per cent increase in output to 592,000 tonnes.
Vedanta's alumina production in FY2025 totalled 1,975 thousand tonnes, up by 9 per cent Y-o-Y from 1,813 million tonnes, as a result of expanded capacity to 3.5 million tonnes at its Lanjigarh refinery.
Key ESG highlights
Commenting on Q4FY25 results, Mr Arun Misra, Executive Director of Vedanta Limited, said: “I'm pleased to report strong Q4 FY25 results, reflecting our consistent focus on operational discipline. This quarter concludes a year of exceptional achievement in FY25, where we not only delivered the highest-ever annual volumes for Aluminium and Zinc but also drove costs of production down significantly, reaching four-year lows for Zinc India CoP and ex-Alumina CoP at Aluminium. Our outlook for FY26 is firmly focused on growth and efficiency. We are accelerating our transformation, driven by strategic projects like the Lanjigarh Expansion and Sijimali Bauxite Mine, which are on track to significantly improve our cost position next fiscal year. With multiple volume expansions projects set for completion in FY26, we remain confident in our ability to deliver another strong year. We remain vigilant, responsive to market dynamics, and fully committed to seizing opportunities for a long-term value creation.”
Mr Ajay Goel, CFO of Vedanta, said: “This quarter, Vedanta has delivered an unprecedented financial performance, achieving the highest- ever quarterly revenue of ₹ 39,789 crore, reflecting robust 14% YoY growth. Our EBITDA surged to ₹ 11,618 crore, marking a 30% growth year-on-year, accompanied by an EBITDA margin of 35%, which is highest in last 12 quarters. Our PAT soared to ₹4,961 crore, reflecting an exceptional 118% YoY growth, underscoring the unparalleled resilience and strength of our business. This outstanding performance has been driven by our continuous focus on operational excellence, disciplined cost optimization, and the advantage of buoyant market dynamics. Furthermore, VEDL balance sheet deleveraged by ~$500 mn in Q4 with a closing Net Debt of $ 6.2 bn, enabling substantial improvement in leverage to 1.2x, reinforces our robust financial foundation.”
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