VEDLNSEVedanta LimitedHighNeutral
Announced Wed, 29 Apr · 14:42 IST

Vedanta Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctExceptional ItemContingent Liabilities IncreasedEmphasis Of MatterResults View source PDF

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AI summary

Vedanta Limited reported audited financial results for FY2026. Total revenue from operations stood at Rs 1,77,194 crore, up 15.8% from Rs 1,52,968 crore in the previous year. Net profit after tax grew 22.2% to Rs 25,096 crore from Rs 20,535 crore. For continuing operations only, revenue was Rs 78,437 crore (up 25.1%) and PAT was Rs 12,480 crore (up 34.5%). Basic EPS improved to Rs 44.58 from Rs 38.97. The Board declared a total dividend of Rs 34 per equity share. The auditors issued an unmodified opinion with emphasis of matter on pending regulatory investigations related to short seller allegations and the Cambay Block PSC extension. Exceptional items included a Rs 1,820 crore net loss from discontinued operations, driven by Rs 1,200 crore impairment of Western Cluster assets in Liberia and Rs 271 crore contractual provisions. ESL Steel also derecognized Rs 510 crore of deferred tax assets.

Likely market impact

Strong profit growth with PAT up 22% demonstrates operational resilience, though the Rs 1,820 crore exceptional loss and ongoing regulatory uncertainties create some concern. The clean audit opinion is positive for investor confidence.