Vedanta Iron & Steel H1 EBITDA Surges 54% to ₹598 Cr

Vedanta Iron And Steel Limited (VISL) reported a strong year-on-year improvement for H1 FY27, with EBITDA surging 54% to ₹598 crore and revenue rising 8% to ₹6,450 crore. EBITDA margin expanded by 275 basis points to 9%. The company reported a loss after tax of ₹203 crore for H1FY27, a significant reduction from ₹622 crore in H1FY26. Steel production grew 4% to 1.114 million tonnes. CRISIL assigned VISL an AA/Stable credit rating. Q2FY27 saw EBITDA rise 56% YoY to ₹83 crore, though a loss of ₹324 crore was reported due to seasonal disruptions and higher costs.