New Delhi: Mining major Vedanta Ltd on Wednesday reported a 154.4 per cent increase in consolidated net profit to Rs 3,483 crore in the quarter ended March 2025, driven by lower production cost and higher volume.
The company had posted a net profit of Rs 1,369 crore in the year-ago period.
The income of the company in the latest January-March quarter rose to Rs 41,216 crore as against Rs 36,093 crore in the year-ago period, Vedanta said in a filing to BSE.
In a statement, the company said that during the fourth quarter its "Profit After Tax (PAT) was at Rs 4,961 crore, up 118 per cent Y-o-Y and 2 per cent Q-o-Q".
The consolidated net profit of the company in the financial year ended March 2025 increased to Rs 14,988 crore from Rs 4,239 crore in March 2024.
The consolidated income of the company during the year ended March 2025 went up to Rs 1,56,643 crore from Rs 1,46,277 crore in the preceding fiscal.
"This quarter concludes a year of exceptional achievement in FY25, where we not only delivered the highest-ever annual volumes for aluminium and zinc but also drove costs of production down significantly...
"Our outlook for FY26 is firmly focused on growth and efficiency. We are accelerating our transformation, driven by strategic projects like the Lanjigarh expansion and Sijimali bauxite mine, which are on track to significantly improve our cost position next fiscal year. With multiple volume expansion projects set for completion in FY26, we remain confident in our ability to deliver another strong year," Vedanta Ltd Executive Director Arun Misra said.
The company said its revenue during the quarter was at Rs 39,789 crore, up 14 per cent Y-o-Y, driven by favourable market prices and higher premiums.
"This quarter, Vedanta has delivered an unprecedented financial performance, achieving the highest-ever quarterly revenue of Rs 39,789 crore...Our PAT soared to Rs 4,961 crore, reflecting an exceptional 118 per cent Y-o-Y growth, underscoring the unparalleled resilience and strength of our business.
"This outstanding performance has been driven by our continuous focus on operational excellence, disciplined cost optimisation, and the advantage of buoyant market dynamics," company's CFO Ajay Goel said.
As on March 31, 2025, the company's gross debt stood at Rs 73,853 crore.
The company's board has approved the re-appointment of Arun Misra as an Executive Director of Vedanta for one year effective from June 1 subject to approval of the shareholders of the company.
Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading natural resources, critical minerals, energy, and technology companies spanning across India, South Africa, Namibia, Liberia, UAE, Saudi Arabia, Korea, Taiwan, and Japan with significant operations in sectors like oil and gas, zinc, lead, silver, copper, iron ore and steel.
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