Corporate News

Vedanta Reports 37% Decline in Q2 Net Profit to ₹3,479 Crore

Vedanta Limited reported a 37% year-on-year decline in consolidated profit after tax for Q2 FY26, amounting to Rs 3,479 crore, compared to Rs 5,603 crore in the same quarter last year. Quarter-on-quarter, the profit fell 21.9% from Rs 4,457 crore.

However, revenue from operations increased by 5.9% year-on-year to Rs 39,868 crore. Total expenses were flat at Rs 33,449 crore, and the company faced a net exceptional loss of Rs 2,067 crore.

Despite profit declines, Vedanta achieved 8% EBITDA growth and reported record production levels across various commodities. The company’s shares declined by 2.5% to close at Rs 494.30.

Source – sarkaritel.com

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