Vedanta Aluminium Metal Limited announced record production volumes for the second quarter ended September 30, 2026. The company achieved its highest-ever quarterly aluminium production of 649 thousand tonnes and alumina production of 895 thousand tonnes, reflecting strong operational execution and capacity expansion.

The quarter’s performance was underpinned by significant year-on-year growth across key segments. Alumina production expanded 37% compared to Q2FY26, while value-added products saw a 31% increase. These figures highlight the successful ramp-up of new capacity circuits and improved efficiency in existing lines.

Production Highlights

The following table details the production metrics for Q2FY27 against Q2FY26 and Q1FY27:

Note: Value-added product figures have been restated for previous periods for like-to-like comparison.

Capacity Expansion and Operational Milestones

The growth trajectory is supported by specific infrastructure developments. The BALCO unit recorded a 19% year-on-year rise in aluminium production, reaching 178 thousand tonnes. This surge is attributed to the commissioning of the second zone of its 525 kA smelter potline, the first of its kind globally outside China. This milestone takes the operational capacity to 50% of the planned 435 KTPA expansion.

Additionally, the Jharsuguda facility maintained steady output at 470 thousand tonnes, up 1% year-on-year. The company also secured the Consent to Operate (CTO) for the Sijimali Bauxite Block, further securing raw material supply chains.

What the Numbers Show

A divergence exists between power sales trends and production volume growth. While aluminium and alumina production rose significantly on a year-on-year basis, BALCO’s power sales declined 6% sequentially from Q1FY27 to Q2FY27. However, this sequential dip contrasts with a robust 58% year-on-year increase in power sales, suggesting that the current quarter's energy consumption aligns with the higher baseline established by the newly commissioned smelter zones rather than indicating operational inefficiency.

Vedanta Aluminium Metal Limited announced that the Orissa High Court dismissed its writ petition challenging the state's bauxite linkage policy on October 1, 2026. The company stated it is evaluating next steps and available legal options following the judgment.

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously approached the Hon'ble High Court of Orissa to contest specific provisions of the policy governing bauxite linkage.

Legal proceedings and company response

The dismissal marks a significant development in the regulatory dispute between the aluminium major and the Odisha government regarding resource allocation policies. In its official communication, the company confirmed receipt of the judgment and noted that the copy of the High Court order was uploaded to the Orissa High Court website at approximately 2:00 pm IST on the same day.

Vedanta Aluminium stated, "We have taken note of the Hon'ble High Court judgment, and we are reviewing the judgment and evaluating the next steps, including legal options available to us." No further details on potential appeals or alternative strategies were disclosed in the filing.

Key details of the filing

The company did not provide immediate financial implications or operational impacts resulting from this judicial outcome. The focus remains on the legal review process as the company determines its path forward.