Announced Fri, 3 Jul · 21:37 IST
VISL Q1 FY27 Production: Record Pig Iron, Goa Iron Ore Up 166%
Business Updates View source PDF
VISL · price
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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹40.52
prior close
₹40.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-2.0-2.4-2.7-9.7-14.2-18.5-14.4-10.1-17.8-24.9———
Up moveDown movePending
AI summary
Vedanta Iron and Steel (VISL), recently demerged from Vedanta Limited, posted Q1 FY27 results. Iron ore output rose 4% YoY to 2.6 Mn DMT. Goa mines surged 166% YoY on ramp-up, while Odisha saleable ore grew 59% YoY and 78% QoQ. Steel saleable production hit 582 KT, up 4% YoY. Pig Iron hit a record 291 kt, up 8% YoY, with Goa plant also at a highest-ever 238 kt. Billets surged 234% YoY. Karnataka iron ore dipped 46% QoQ per mine plan, and TMT bars slipped 2% YoY.
Likely market impact
Record pig iron output and Goa, Odisha growth signal strong operational momentum post-demerger. Watch Karnataka and TMT bar softness.