THEBUSINESSBYTES BUREAU
MUMBAI, JUNE 25, 2026
Demonstrating its pivotal role in India's economic growth and
fiscal development, Vedanta Limited has contributed a remarkable ₹62,722
crore to the national exchequer in FY26, marking a 13.3 per cent increase over
the previous year. According to the company's 11th Tax Transparency Report, the
contribution represents 36 per cent of its consolidated revenue from operations, underscoring Vedanta's strong commitment to
transparent governance and nation-building.
With this, Vedanta's cumulative contribution to the exchequer
over the last ten years has reached an impressive ₹4,83,034
crore, positioning the company among India's top three private-sector contributors to the national
exchequer. The achievement reflects Vedanta's continued focus on fiscal
discipline while supporting the country's Viksit Bharat vision.
The record contribution comes on the back of Vedanta's
strongest-ever financial performance in FY26. The company reported its highest
annual revenue of ₹1,74,075 crore, up 15 per cent year-on-year.
EBITDA surged 29 per cent to ₹55,976 crore, while Profit After Tax (PAT)
climbed 22 per cent to ₹25,096 crore. Vedanta also strengthened its balance sheet significantly, with its Net
Debt-to-EBITDA ratio improving to 0.95x, compared with 1.22x a year earlier — the
company's best level in the past 14 quarters.
The robust financial results were driven by strong
operational performance across Vedanta's diversified portfolio, spanning zinc,
lead, silver, aluminium, copper, iron ore, steel, power, nickel, chrome, and
oil and gas businesses.
Among the business verticals, Zinc emerged as the largest
contributor to the exchequer with ₹19,053 crore, followed by
Vedanta Aluminium at ₹15,788 crore and Vedanta Oil & Gas at ₹11,697 crore.
The figures highlight the company's diversified presence across critical
minerals and energy sectors that are vital to India's industrial and economic
progress.
The report also provides a detailed breakup of Vedanta's FY26
tax contributions. Government royalties and profit petroleum accounted for ₹14,840
crore, including royalties paid to state governments such as Rajasthan, Odisha,
Gujarat, Andhra Pradesh,
Chhattisgarh, Goa, Karnataka and Assam for minerals including bauxite,
lead-zinc, silver, iron ore, crude oil and natural gas, besides profit
petroleum paid to the Government of India under Production Sharing Contracts.
Taxes on income and capital stood at ₹8,290
crore, while other taxes borne amounted to ₹11,897 crore, comprising export and
import duties, oil cess, National Calamity Contingent Duty (NCCD), electricity
duty and ineligible GST. The company also contributed ₹21,777 crore through
indirect taxes, including
CGST, SGST and IGST collected from the sale of goods and services, along with ₹3,188
crore in withholding taxes covering payroll taxes and tax deducted at source on
vendor and contractor payments.
Besides, the Government of India received ₹1,180
crore as corporate dividends through its 27.92 per cent stake in Hindustan Zinc
Limited.
Vedanta stated that tax transparency remains a cornerstone of its broader Environmental, Social and Governance (ESG) framework. By voluntarily publishing its Tax Transparency Report for the eleventh consecutive year, the company aims to strengthen stakeholder confidence and uphold the highest standards of corporate governance.
The company added that its tax practices are aligned with the B-Team Responsible Tax Principles and the Extractive Industries Transparency Initiative (EITI), reaffirming its commitment to responsible corporate citizenship and transparent business practices.
