PRIYABRAT BISWAL
MUMBAI, JULY 30, 2026
Riding on record revenues, robust operational performance and
improved cost efficiencies, Vedanta Aluminium Metal Limited, India's largest
aluminium producer, made a spectacular debut as an independent listed entity by
delivering a stellar set of first-quarter results. The company on Thursday reported
a massive 205 per cent year-on-year surge in profit to ₹6,597
crore and a 45 per cent jump in revenue to an all-time high of ₹21,105 crore
for the quarter ended June 30, 2026 (Q1FY27).
Backed by record EBITDA, highest-ever aluminium production and a
significantly stronger balance sheet, the company also announced its first
interim dividend of ₹8 per equity share, marking a powerful start
to its standalone growth journey.
The company reported its highest-ever quarterly revenue of ₹21,105 crore, registering a growth of 13 per cent
quarter-on-quarter (QoQ) and 45 per cent year-on-year (YoY), driven by higher
sales volumes and improved realizations.
EBITDA climbed to a record ₹10,499 crore, reflecting a
24 per cent QoQ and 134 per cent YoY increase, supported by
improved operational
efficiencies and cost competitiveness. The EBITDA margin touched a best-ever 50
per cent, highlighting the company's strong profitability.
Profit after tax (PAT) stood at ₹6,597
crore, marking an impressive 33 per
cent QoQ
and 205 per cent YoY jump, reflecting
robust operating performance.
The company's Board also approved its First Interim Dividend of ₹8 per
equity share, rewarding shareholders following its exceptional inaugural
quarterly performance.
Vedanta Aluminium further reinforced its financial position
through continued deleveraging. Its Net Debt-to-EBITDA ratio improved to 0.9x
from 1.3x in Q4FY26, while its strengthened financial profile earned the
company a AA+ (Stable) credit rating upgrade from both CRISIL and ICRA.
Operationally, the company achieved several new milestones
during the quarter. Aluminium production reached an all-time high of 632 KT,
growing 3 per cent QoQ and 5 per cent YoY, while production of value-added
products (VAP) touched a record 389 KT, up 4 per cent QoQ and 14 per cent YoY.
Alumina production also witnessed strong growth, rising 41 per cent YoY to 826
KT, supported by enhanced refining capacity and improved asset utilisation.
As India's largest aluminium producer, Vedanta Aluminium
continues to strengthen its position as one of the world's most competitive
fully integrated aluminium businesses by enhancing raw material security and
driving greater operational integration.
Commenting on the company's Q1 performance, Rajesh Kumar,
Whole-Time Director & CEO, Vedanta Aluminium, said, “We have commenced our
new, independent chapter with robust operational and financial performance in
this quarter, reflecting the success of our approach which merges business
resilience, disciplined execution, and a long-term vision. In an increasingly
dynamic geopolitical environment, our strategic focus on resource security,
operational integration, and value-added products continues to strengthen our
competitive position while enhancing our ability to deliver sustainable growth.
Through this effort, we are systematically building a future-ready enterprise
by creating enduring value for stakeholders, strengthening cost leadership, and
shaping a globally competitive aluminium business.”
Anup Agarwal, CFO, Vedanta Aluminium, said, “Our inaugural
quarter as an independent company marks a strong start, with record revenue at ₹21,105
crore, EBITDA at ₹10,499 crore, and PAT at ₹6,597 crore. We enter this phase
from a position of robust financials, with a strengthened balance sheet and
improved credit profile, offering increased flexibility for our strategic growth ambitions. As one of the
world's leading aluminium producers, we aim to cater to the accelerating demand
from energy transition, infrastructure, transportation, packaging, and advanced
manufacturing sectors across India and global markets through our integrated
value chain and expanding value-added portfolio.”
Beyond its financial achievements, the company also reported
significant progress across its Environmental, Social and Governance (ESG)
agenda during Q1FY27. Through its community development initiatives, Vedanta Aluminium
reached nearly four lakh beneficiaries via need-based CSR programmes, empowered
72,000 individuals through skill development initiatives, and supported 2.7
million women and children through a wide range of social welfare programmes.
On the environmental front, renewable energy consumption
increased 38 per cent YoY to 701 million units, contributing to decarbonisation
efforts. The company achieved an approximately 3 per cent reduction in
greenhouse gas intensity year-on-year, representing an 11.6 per cent reduction
compared to the FY21 baseline, driven by renewable energy sourcing and
energy-efficiency initiatives.
The company also recycled approximately 4.9 million cubic metres of water, reducing freshwater consumption through reuse, recirculation and alternative water sources. Demonstrating its commitment to the circular economy, Vedanta Aluminium achieved 120 per cent fly ash utilisation, including legacy ash, while expanding red mud reuse through its red-to-green conversion initiatives. Biodiversity conservation efforts also gathered pace, with continued plantation of native species and mine rehabilitation taking the cumulative tree plantation count to 2.9 million trees.
The company further strengthened its workplace safety culture during the quarter, reporting improved safety performance compared with Q4FY26 through a reduction in Lost Time Injuries (LTI) and an improved Lost Time Injury Frequency Rate (LTIFR). It also reinforced workplace safety through enhanced leadership field visits, regular safety interactions, implementation of Critical Risk Management frameworks and site-specific interventions. Additionally, Vedanta Aluminium maintained 21 per cent gender diversity across its workforce while expanding LGBTQ+ representation to more than 35 employees, reflecting its commitment to building an inclusive and future-ready workplace.
