Vedanta quarterly results and financials

Vedanta (VEDL)₹262.00+0.38%(9 Nov 2026 close)Diversified Metals

Key facts

In the Sep 2026 quarter (consolidated), Vedanta reported sales of ₹26,390 Cr, up 57.4% from Sep 2025, and net profit of ₹6,216 Cr, up 78.3% year on year. For the year to Mar 2026, sales were ₹78,585 Cr and net profit ₹25,164 Cr.

Sales (Sep 2026): ₹26,390 Cr
Net profit (Sep 2026): ₹6,216 Cr
Sales (FY Mar 2026): ₹78,585 Cr
Net profit (FY Mar 2026): ₹25,164 Cr
EPS (Sep 2026): ₹9.32
Borrowings (Mar 2026): ₹32,808 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Vedanta quarterly results

₹ crore unless stated; each column is a quarter.

Vedanta Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	35,605	35,577	35,824	37,719	17,097	16,725	15,791	16,771	21,367	24,655	24,257	26,390
Expenses	27,070	26,840	25,905	27,868	12,091	11,482	11,515	11,951	14,867	17,097	15,759	16,487
Operating Profit	8,562	8,802	9,983	9,860	5,027	5,261	4,289	4,843	6,541	7,585	8,538	9,949
OPM %	24.0%	25.0%	28.0%	26.0%	29.0%	31.0%	27.0%	29.0%	31.0%	31.0%	35.0%	38.0%
Other Income	780	386	935	3,171	3,206	2,778	2,741	1,274	4,433	5,513	3,170	511
Interest	2,414	2,413	2,221	2,665	1,072	1,070	608	760	547	693	662	695
Depreciation	2,790	2,748	2,737	2,699	1,241	1,193	1,117	1,126	1,241	1,334	1,194	1,341
Profit before tax	4,096	3,990	5,915	7,624	5,891	5,749	5,280	4,210	9,141	11,017	9,790	8,370
Tax %	30.1%	43.1%	14.0%	27.0%	17.1%	14.0%	16.0%	17.0%	15.0%	15.0%	19.0%	26.1%
Exceptional items	0.00	−114	0.00	1,370	2,863	2,421	2,354	1,008	3,931	5,080	2,621	0.00
Net Profit	2,876	2,282	5,109	5,621	4,890	4,975	4,474	3,487	7,831	9,377	7,937	6,216
EPS (Rs)	5.41	3.69	9.69	11.14	9.08	8.90	8.13	4.61	14.59	17.12	13.99	9.32

Vedanta profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Vedanta Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	64,356	72,402	92,003	92,236	84,614	88,166	1,32,946	1,47,696	1,44,001	62,862	78,585	96,669
Expenses	83,016	50,967	67,226	69,094	63,861	60,856	88,117	1,13,194	1,08,816	44,302	55,406	64,210
Operating Profit	−18,531	21,449	24,986	23,271	20,826	27,409	45,016	34,534	35,451	18,632	23,261	32,612
OPM %	−29.0%	30.0%	27.0%	25.0%	25.0%	31.0%	34.0%	23.0%	25.0%	30.0%	30.0%	33.7%
Other Income	4,299	4,431	6,097	4,279	−14,962	2,750	1,834	2,630	5,252	12,771	14,212	13,627
Interest	5,771	5,851	5,111	5,684	4,969	5,201	4,792	6,222	9,456	4,193	2,813	2,596
Depreciation	8,586	6,305	6,289	8,198	9,112	7,649	8,905	10,576	10,741	4,240	4,817	5,110
Profit before tax	−28,472	13,635	19,535	13,529	−8,249	17,174	32,887	20,242	20,339	22,864	29,690	38,319
Tax %	−37.0%	17.1%	30.0%	28.0%	−43.0%	13.0%	28.0%	28.0%	63.1%	10.0%	16.0%	—
Exceptional items	−143	2,515	1,788	180	−19,234	−527	−460	−158	995	−155	82.92	11,631
Net Profit	−17,903	11,346	13,730	9,724	−4,761	15,081	23,768	14,549	7,563	20,593	25,164	31,361
EPS (Rs)	−41.40	23.46	27.83	19.00	−17.94	31.23	50.56	28.44	11.41	38.32	44.45	55.02
Dividend payout %	−8.0%	83.0%	76.0%	99.0%	−22.0%	30.0%	89.0%	357.0%	259.0%	113.0%	76.0%	—

Vedanta balance sheet

₹ crore, at each year end.

Vedanta Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	297	297	298	373	373	373	373	373	373	373	392	392
Reserves	53,693	43,875	60,307	63,098	62,136	54,404	62,025	65,159	39,128	30,444	40,964	49,384
Borrowings	77,469	67,548	71,291	57,909	65,933	58,920	57,469	53,374	79,967	87,439	91,158	32,808
Other Liabilities	58,713	80,174	64,908	58,870	70,028	66,949	63,519	74,816	69,885	69,701	67,181	1,49,369
Total Liabilities	1,90,172	1,91,895	1,96,804	1,80,250	1,98,471	1,80,646	1,83,387	1,93,723	1,89,354	1,87,956	1,99,695	2,31,953
Fixed Assets	70,078	67,288	76,718	80,285	96,442	88,894	90,465	93,418	95,794	98,967	99,872	30,565
CWIP	38,664	38,338	27,486	31,981	24,877	18,526	16,277	15,849	19,491	22,831	33,791	10,506
Investments	39,684	53,452	47,035	28,761	33,109	24,805	16,704	17,315	13,169	11,890	14,557	15,453
Other Assets	41,746	32,817	45,564	39,223	44,042	48,421	59,940	67,141	60,899	54,268	51,476	1,75,429
Inventories	8,710	8,004	9,625	11,950	13,187	11,330	9,913	14,290	15,006	12,991	14,470	5,406
Trade receivables	3,607	2,495	2,242	3,974	3,986	2,698	3,491	4,952	4,014	3,612	3,640	1,307
Cash & equivalents	5,690	3,708	14,124	5,211	8,366	12,491	16,612	15,340	9,252	4,323	6,965	3,737
Total Assets	1,90,172	1,91,895	1,96,804	1,80,250	1,98,471	1,80,646	1,83,387	1,93,723	1,89,354	1,87,956	1,99,695	2,31,953

Vedanta cash flow

₹ crore, for each year.

Vedanta Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	17,845	20,403	18,108	17,396	23,816	19,333	24,037	35,035	33,112	35,719	39,619	39,584
Cash from investing activity	−4,130	−7,870	2,679	15,467	−10,596	−5,924	−6,676	−2,241	−667	−13,668	−19,144	−24,142
Cash from financing activity	−13,932	−11,284	−12,405	−39,188	−10,216	−15,506	−17,523	−28,826	−34,084	−26,045	−19,166	−13,519
Net cash flow	−283	1,204	8,318	−6,393	2,913	−2,167	−262	3,810	−1,742	−4,106	1,178	1,811
Capex	10,641	5,508	5,507	7,326	8,940	7,812	6,880	10,623	13,778	16,727	16,992	20,855
Free cash flow	7,221	14,937	12,617	10,059	14,906	11,601	17,232	24,627	19,375	19,074	22,789	18,704
CFO / OP %	96.1%	−124.0%	109.1%	83.1%	114.1%	99.0%	96.1%	91.0%	114.0%	109.0%	230.0%	205.0%

Vedanta ratios

Working-capital days and returns, by year.

Vedanta Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	18	14	11	16	16	12	14	14	10	9	21	6
Inventory days	130	133	162	136	185	185	154	148	125	108	235	67
Days payable	78	267	308	202	242	275	245	221	91	83	165	88
Cash conversion cycle	68	−121	−137	−52	−43	−81	−78	−62	42	32	89	−17
Working capital days	−121	−219	−338	−182	−212	−186	−150	−82	−120	−107	−243	−121
ROCE %	9.0%	−14.0%	11.0%	15.0%	14.0%	10.0%	17.0%	28.0%	20.0%	21.0%	12.0%	16.0%

Vedanta: frequently asked questions

What are the latest quarterly results of Vedanta?

For the Sep 2026 quarter, Vedanta reported sales of ₹26,390 Cr, up 57.4% year on year and net profit of ₹6,216 Cr, up 78.3% year on year. The operating margin was 38.0%.

What is the annual revenue of Vedanta?

Vedanta's sales for the year to Mar 2026 were ₹78,585 Cr; over the last twelve months they were ₹96,669 Cr.

What is the net profit of Vedanta?

Net profit for the year to Mar 2026 was ₹25,164 Cr, and ₹31,361 Cr over the last twelve months. Earnings per share over the same trailing period were ₹55.02.

How much debt does Vedanta have?

Vedanta reported borrowings of ₹32,808 Cr at Mar 2026, against cash and equivalents of ₹3,737 Cr.

What is the free cash flow of Vedanta?

Cash from operations was ₹39,584 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹18,704 Cr.

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