Vedanta contributes Rs 4.5 lakh crore to exchequer over the last decade; Rs 55,349 crore in FY25 alone

THEBUSINESSBYTES BUREAU

NEW DELHI, JUNE 19, 2025

Vedanta Limited has released the 10th edition of its Tax Transparency Report (TTR), reaffirming its commitment to responsible and transparent tax practices. According to the report, the company has contributed a cumulative Rs 4,48,830 crore to exchequers across its domestic and international operations over the past decade, spanning from FY2015–16 to FY2024–25. In FY25 alone, Vedanta contributed Rs 55,349 crore — amounting to 37 percent of its consolidated revenue — through various channels such as direct and indirect taxes, royalties, dividends, and other statutory payments. Of this, Rs 54,595 crore was paid to the Indian exchequer.

Vedanta has operational presence in 15 Indian states, with its Rajasthan operations contributing Rs 25,436 crore and Odisha Rs 9,176 crore to the exchequer in FY25. The company’s total tax contribution for the year includes Rs 24,649 crore paid as income and capital taxes, government royalties, and other direct levies. Additionally, Rs 27,081 crore was contributed in the form of indirect taxes, withholding taxes, and other statutory indirect payments. A dividend of Rs 3,619 crore was also paid to the Government of India.

Among Vedanta’s various business verticals, the Zinc division recorded the highest contribution in FY25 at Rs 19,359 crore, followed by the Aluminium division with Rs 12,350 crore and the Oil & Gas segment with Rs 10,195 crore.

Commenting on the report, Anil Agarwal, Chairman of Vedanta Limited, expressed gratitude to the Government of India and stakeholders for their trust, stating, “Nation-building is at the core of what we do. Our minerals, materials, and energy play a vital role in building the nation’s infrastructure. As India’s leading mining, metals, and natural resources company, we see ourselves as both beneficiaries and enablers of this new era.”

Priya Agarwal Hebbar, Chairperson of Hindustan Zinc and Non-Executive Director at Vedanta Limited, highlighted the company’s strong focus on governance. She noted that the ‘G’ in ESG is often overlooked but is fundamental to building a sustainable and ethical business. She emphasized that Vedanta’s continued publication of the Tax Transparency Report over the past decade reflects its belief in governance not as a compliance requirement, but as a foundation for responsible corporate citizenship.

Vedanta has been voluntarily publishing the Tax Transparency Report for the last ten years. The report offers a comprehensive account of the company’s tax strategy, governance practices, and country-wise contributions. It aligns with globally recognized standards, drawing from frameworks such as the B Team Responsible Tax Principles and the Extractive Industries Transparency Initiative (EITI).