Vedanta Q4 Results: Leverage ratio at the best level in 14 quarters; Revenue jumps 47%
Published on 29/04/2026 02:58 PM
Vedanta Q4 Results: Leverage ratio at the best level in 14 quarters; Revenue jumps 47%At the end of the quarter, Vedanta's net-debt-to-EBITDA ratio improved to 0.95 times from 1.22 times in the previous quarter. This is the best number that the stock has reported in the last 14 quarters.By Nigel D'Souza | Hormaz Fatakia April 29, 2026, 2:58:12 PM IST (Updated)2 Min ReadShares of Vedanta Ltd. gained up to 5% on Wednesday, April 29, a day before it begins trading adjusted for its demerger. The Anil Agarwal-owned mining conglomerate also reported its quarterly results.
Net profit for the period increased by 88.5% to ₹9,532 crore from ₹4,961 crore last year, while revenue went up by 47.5% on a year-on-year basis to ₹24,609 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at ₹7,559 crore, a growth of 44% from the same quarter last year, while margins saw a marginal contraction of 70 basis points to 30.7% from 31.4% a year earlier.
For financial year 2027, Vedanta expects Aluminium production to be between 2.6 MT to 2.7 MT, while cost of production will range between $1,650 - $1,700 per tonne. This is lower than the $1,752 per tonne cost in financial year 2026.
At the end of the quarter, the company's net-debt-to-EBITDA ratio improved to 0.95 times from 1.22 times in the previous quarter. This is the best number that the stock has reported in the last 14 quarters.
Overall net debt at the end of the March quarter stood at ₹53,254 crore from ₹60,624 crore at the end of the December quarter.
Vedanta owns a 60% stake in Hindustan Zinc and nearly 45% of its EBIT comes from there. With Hindustan Zinc already having reported its results, those are already factored in.
The other major trigger for Vedanta today is that it is the last day for shareholders to buy the stock for them to be eligible for the demerger benefits. The stock will trade ex-demerger from Thursday onwards.
Shares of Vedanta are at the day's high ahead of the results announcement, trading 1.2% higher at ₹748.5. Today is also the day when all futures and options contracts of Vedanta will expire ahead of the demerger.Continue ReadingFirst Published: Apr 29, 2026 11:26 AM ISTTagsAnil AgarwalQ4 resultsVedantaVedanta Share PriceVedanta shares