Vedanta Q1: Profit down 13%, aluminium underperforms! So, how did EBITDA hit a record?
Vedanta Limited missed quarterly profit estimates for the first quarter of FY26, as weaker aluminium and copper prices, coupled with a sharp increase in tax expenses, weighed on earnings. Despite strong domestic demand and robust operational performance across its business segments, the metals-to-oil conglomerate saw its bottom line shrink.
Image source: Vedanta
In Q1 FY26, Vedanta reported a consolidated net profit of INR 4,457 crore, down 13 per cent from INR 5,095 crore in the same quarter last year. This decline came even as revenue rose 6 per cent year-on-year to INR 37,434 crore, up from INR 35,239 crore in Q1 FY25, supported by higher product premiums and favourable foreign exchange movements.
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