Vedanta Limited on Wednesday reported the highest quarterly profit in its history for the second quarter of FY27, with profit after tax rising 151 per cent year-on-year to ₹6,202 crore, driven by higher zinc, lead and silver sales in India, stronger copper revenue and higher base-metal prices.

Source: Vedanta Q2 FY27 results, reported by TaxGuru

₹6,202 croreQ2 PAT, up 151% year-on-year
₹25,812 croreQ2 revenue, up 57%
₹9,938 croreEBITDA, up 106%
₹3,675 croreNet debt, down ₹4,624 crore in the quarter

Group Chief Financial Officer Ajay Goel said Vedanta delivered a record financial performance in Q2 FY27, with its highest-ever revenue of ₹25,812 crore, EBITDA of ₹9,938 crore and PAT of ₹6,202 crore. He said strong cash generation of ₹5,803 crore during the quarter enabled the company to cut net debt by ₹4,624 crore to ₹3,675 crore, taking the net debt-to-EBITDA ratio down to 0.1 times from 0.3 times.

Where the growth came from

Zinc India recorded a 5 per cent year-on-year increase in mined metal production to 271 kilotonnes, while silver production rose 20 per cent to 173 tonnes. Copper India sales grew 16 per cent year-on-year, and FACOR achieved record ore production. Zinc International commissioned Phase II of its Gamsberg project during the quarter, adding 200 kilotonnes per annum of metal-in-concentrate capacity and taking total capacity to 500 kilotonnes per annum.

Source: Informist — Earnings Review: Vedanta PAT doubles YoY

The EBITDA margin improved to 60 per cent, up 1,055 basis points year-on-year. For the first half of FY27, revenue reached a record ₹49,268 crore, up 54 per cent, half-year PAT climbed 151 per cent to ₹11,496 crore, and EBITDA rose 103 per cent to ₹18,407 crore. The company also declared its first interim dividend of ₹5 per share for FY27, and ended the quarter with cash and cash equivalents of ₹26,622 crore.

Investors welcomed the numbers: Vedanta shares ended 3.3 per cent higher at ₹233.05 on the National Stock Exchange on Wednesday, according to Informist, after the results were announced during market hours.

Vedanta said its businesses across Hindustan Zinc, Zinc International, FACOR, copper and ports, along with its portfolio of critical mineral blocks, would support its next phase of growth. Yaani in simple words: the company earned more, owed less, and paid shareholders a dividend — all in the same quarter.