Vedanta Aluminium Metal Limited reported a net profit of ₹6,597 crore for the quarter ended June 30, 2026, marking a 205% year-on-year surge driven by record revenue and expanded operating margins. This inaugural quarter as an independent entity saw the company achieve its highest-ever quarterly revenue of ₹21,105 crore, reflecting robust demand and improved realizations. The strong financial performance underscores the company’s competitive positioning in the global aluminium market, with EBITDA jumping 134% YoY to ₹10,499 crore.

The Board of Directors approved these unaudited consolidated and standalone financial results during a meeting held on July 30, 2026. Alongside the results, the Board declared a maiden interim dividend of ₹8 per share. The meeting commenced at 01:20 p.m. IST and concluded at 02:18 p.m. IST. Company Secretary Dashmeet Rana signed off on the disclosure, which was subsequently submitted to the BSE and NSE.

Financial Performance

Revenue from operations reached ₹21,105 crore in Q1FY27, up 45% YoY and 13% QoQ. This growth was supported by higher volumes and favorable marketing contributions. EBITDA stood at ₹10,499 crore, representing a best-ever EBITDA margin of 50%, up from 31% in the same period last year. The margin expansion was primarily driven by cost efficiency and increased value-added product (VAP) mix, partially offset by input commodity inflation.

Profit before tax rose to ₹8,832 crore, up 205% YoY. Finance costs remained flat YoY at ₹1,001 crore, while depreciation and amortization increased by 11% YoY to ₹775 crore due to asset capitalization. The effective tax rate for the quarter was approximately 25%.

Operational Highlights

Aluminium production hit an all-time high of 632 KT, increasing 5% YoY and 3% QoQ. This was largely aided by higher volumes from the new BALCO smelter. Value-added product production also reached a record 389 KT, up 14% YoY. Alumina production stood at 826 KT, a 41% YoY increase, driven by enhanced refining capacity and asset utilization. The company achieved best-ever alumina purity of 98.81%, placing it among the top three alumina refineries globally.

What the Numbers Show

The divergence between revenue growth (45% YoY) and EBITDA growth (134% YoY) highlights significant operational leverage achieved in Q1FY27. While revenue expanded due to volume and price tailwinds, the disproportionate rise in EBITDA indicates that cost efficiencies and the shift toward higher-margin value-added products contributed more substantially to profitability than top-line growth alone. Additionally, the improvement in Net Debt to EBITDA ratio to 0.9x from 1.3x in Q4FY26 demonstrates accelerated deleveraging, supported by strong cash flows from operations.

Strategic and ESG Updates

Vedanta Aluminium received credit rating upgrades to AA+ (Stable) from both CRISIL and ICRA, reflecting its strengthened balance sheet. The company also secured mining lease and mine opening permissions for the Kuraloi (A) North Coal Block, with environmental clearance granted for the Sijimali Bauxite Mine. On the ESG front, renewable energy consumption rose 38% YoY to 701 million units, and the Lost Time Injury Frequency Rate (LTIFR) dropped 80% QoQ to 0.04.

Vedanta Aluminium Metal Limited will announce its unaudited financial results for the first quarter ended June 30, 2026, on July 30, 2026. The company’s Board of Directors will convene on that date to consider and approve the quarterly figures, providing stakeholders with critical data on the aluminium producer’s early-year revenue, profit margins, and production volumes amidst evolving market conditions.

The board meeting is mandated under Regulation 29 and Regulation 50 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations require listed entities to disclose price-sensitive information within specified timelines after board approval. The notice was issued by Dashmeet Rana, Company Secretary & Compliance Officer, on July 24, 2026.

To maintain market integrity and prevent insider trading, the trading window for designated persons remains closed from July 1, 2026, to August 1, 2026. This restriction is enforced pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Insider Trading Prohibition Code. The blackout period aligns with the release of material non-public information, ensuring a level playing field for all investors.

An earnings conference call is scheduled for July 30, 2026, from 5:00 PM to 6:30 PM IST, immediately following the declaration of results. Management will address key metrics, including production output, sales realizations, and cost structures. A recording of the call will be available on the company’s website later on July 30, 2026.

Conference Call Details

The company’s registered office is located in Mumbai, Maharashtra.