Vedanta Limited Q4 FY26 Results

Summary

Vedanta Limited announced record financial results for the fourth quarter and full year ended March 31, 2026. The company reported a best-ever quarterly revenue of ₹51,524 crore, a 29% year-on-year increase, contributing to an annual record revenue of ₹1,74,075 crore, up 15%. Profit After Tax (PAT) saw a substantial 89% year-on-year jump in Q4 to ₹9,352 crore, with full-year PAT growing by 22% to ₹25,096 crore, driven by a record EBITDA of ₹55,976 crore. EBITDA margins also expanded significantly to ~44% in Q4 and ~39% for the full year. Executive Director, Arun Misra, highlighted FY26 as a year of strong execution and record operational performance across the portfolio.

Key Highlights

1. 1

   Vedanta Limited delivered record EBITDA of ₹18,447 crore in Q4 FY26, marking a 59% year-on-year increase, and ₹55,976 crore for the full year, up 29%.

2. 2

   The company achieved best-ever revenue of ₹51,524 crore in Q4 FY26, a 29% year-on-year growth, contributing to a full-year record revenue of ₹1,74,075 crore, up 15%.

3. 3

   Profit After Tax (PAT) for Q4 FY26 surged by 89% year-on-year to a record-best ₹9,352 crore, with the full-year PAT reaching ₹25,096 crore, a 22% increase.

4. 4

   EBITDA Margin improved significantly to a record ~44% in Q4 FY26, up 915 basis points year-on-year, and to ~39% for FY26, an increase of 470 basis points.

5. 5

   Net debt/EBITDA ratio improved to 0.95x in Q4 FY26, marking its best level in 14 quarters, and the company's credit rating was reaffirmed at AA by CRISIL & ICRA.

6. 6

   Vedanta invested ₹14,918 crore in growth capex during FY26, focusing on volume expansion, cost compression, and supply chain integration.

7. 7

   The demerger of Vedanta Limited is set to become effective from May 1, 2026, alongside a total dividend payment of ₹34/share for FY26.