In response, the stock has recovered from the day’s low.
Revenue for the quarter increased by 14% year-on-year to ₹40,455 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation increased by 31% to ₹11,466 crore from ₹8,768 crore last year.
EBITDA margin for the quarter expanded by nearly 400 basis points from last year to 28.3% from 24.7% in the year-ago period.
With Vedanta’s subsidiary Hindustan Zinc already having reported its results, they are already in the price.
Among Vedanta’s segmental businesses, the oil & gas business revenue declined to ₹2,658 crore from ₹3,368 crore last year.
- The Aluminium business revenue increased to ₹15,967 crore from ₹12,393. crore during the same period last year.
- Copper business of Vedanta grew to ₹6,138 crore from ₹5,015 crore.
- Iron Ore business revenue fell to ₹1,527 crore from ₹2,472 crore last year.
- Power business revenue remained flat at ₹1,424 crore.
Vedanta, currently in the process of splitting its listed entity into five separate verticals, expects to complete this exercise by September this year, having earlier delayed the timeline from the earlier date of March.
Out of the 15 analysts that have coverage on Vedanta, 10 of them have a “buy” rating, four of them say “hold”, while one has a “sell” recommendation.
Shares of Vedanta are trading with gains of 1% at ₹420.2. The stock though, is down 8.2% in the one month prior to earnings.
First Published:Â Apr 30, 2025 9:58 AM IST
