Vedanta Q1 results: Profit rises 72% YoY to ₹5,473 crore; names new CEO, announces real estate business demerger

Vedanta reported a 71.8% year-on-year rise in consolidated profit to Rs 5,473 crore for Q1FY27, with revenue up 53.6% at Rs 24,205 crore and EBITDA nearly doubling to Rs 8,501 crore, while EBITA margin expanded by 800 basis points to 35.1%. The board approved the demerger of its surplus real estate portfolio, spanning about 2,200 acres of industrial land and around 55,000 sq ft of residential or commercial property, into a new entity called Vedanta Property Platforms Ltd, with a swap ratio of 1 share for every 20 shares held in Vedanta. Separately, Arun Misra was re-appointed as executive director and designated as CEO of the company for one year effective 1 August 2026, subject to shareholder approval.