Vedanta has reported strong financial results for Q3, showcasing significant growth in operational profitability while maintaining consistent margin performance across its diversified portfolio of mining and metals operations.

Strong EBITDA Growth Performance

The company delivered impressive earnings growth during the quarter, with key financial metrics demonstrating robust operational performance:

The substantial increase in EBITDA from ₹50.13 billion to ₹68.6 billion represents a year-on-year growth of 36.8%, indicating strong operational execution and improved business performance across the company's mining and metals segments.

Margin Consistency Maintained

Despite the significant growth in absolute EBITDA figures, Vedanta successfully maintained its EBITDA margin at 29.38%, matching the previous year's performance. This consistency in profitability margins while achieving substantial earnings growth demonstrates the company's operational efficiency and effective cost management strategies.

The stable margin performance alongside strong earnings growth suggests that the company has been able to scale its operations effectively while preserving profitability ratios, indicating robust underlying business fundamentals and operational discipline across its diversified mining and metals portfolio.

Vedanta Limited announced key changes in its senior management structure following a Board of Directors meeting held on January 29, 2026. The mining and metals conglomerate has appointed a new Group Chief Human Resource Officer while acknowledging the departure of its current HR leadership.

Leadership Transition Details

The Board approved the appointment of Ms. Neha Sharma as Group Chief Human Resource Officer, designating her as Senior Management Personnel effective February 10, 2026. This decision was made on the recommendation of the Nomination & Remuneration Committee.

Outgoing Leadership Acknowledgment

Simultaneously, the Board took on record the resignation of Ms. Madhu Srivastava from her position as Group Chief Human Resource Officer. Her resignation becomes effective from close of business hours on January 31, 2026.

In her resignation letter dated January 27, 2026, Ms. Srivastava expressed gratitude for the opportunity to serve the group and highlighted her contribution to building leadership, culture, and people systems across the organization. The company acknowledged her valuable contributions and extended best wishes for her future endeavors.

New Appointee's Professional Background

Ms. Neha Sharma brings extensive global experience to her new role. She holds an MBA from MIT Sloan and has over 20 years of diverse HR experience across the United States, Mexico, and India. Her most recent role was at Unifi Aviation, where she led people strategy for more than 40,000 employees across 250+ airport locations spanning the U.S., Canada, and Europe.

Her professional expertise includes:

• Large-scale organizational transformation leadership
• Building leadership systems that enhance retention, reliability, and profitability
• Strategic thinking combined with frontline execution capabilities
• Experience in complex, high-velocity operational environments

Board Meeting Proceedings

The Board meeting, which addressed these senior management changes, commenced at 02:10 p.m. IST and concluded at 03:55 p.m. IST on January 29, 2026. This meeting was held in continuation of the company's earlier communication regarding its unaudited consolidated and standalone financial results for the third quarter and nine months ended December 31, 2025.

The company has fulfilled all disclosure requirements pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.