AsiaLatestNews

Vedanta Shines With Strong Profit Boost on Rising Metal Prices

Mumbai – Indian mining and natural resources giant Vedanta Limited reported an impressive rise in quarterly profit, reflecting its resilience, operational strength, and the positive impact of higher global metal prices.

For the quarter ending September 30, the company’s consolidated profit before tax and exceptional items surged 21.7% year-on-year, reaching ₹70.14 billion ($798 million)

This strong performance highlights Vedanta’s ability to navigate global market fluctuations while maintaining efficiency and profitability across its diverse portfolio.

The company’s overall revenue climbed 5.5% to ₹392.18 billion, driven primarily by strong performances in its aluminium, zinc, and copper segments. Vedanta’s operating profit margin also improved to 22%, up from 20% a year earlier, supported by cost discipline, stable operations, and strategic optimization initiatives.

Global commodity markets have seen a rebound, particularly in base metals, as uncertainties surrounding trade and production policies have supported price stability.

During the quarter, benchmark three-month aluminium prices rose 8.2%, while copper prices increased 5.6%, boosting Vedanta’s selling prices and enhancing margins across its mining operations.

Vedanta’s aluminium division, the largest in India and the biggest contributor to the company’s revenue, delivered an impressive 14% rise in revenue, driven by robust demand, improved realizations, and operational efficiency.

The copper business also showed healthy growth with a 3.6% increase, while the zinc, lead, and silver segment – largely operated through Hindustan Zinc, Vedanta’s subsidiary – recorded a 3.5% growth, supported by strong global demand for industrial and precious metals.

Vedanta’s total expenses grew only marginally by 0.8% to ₹334.49 billion, reflecting the company’s effective cost management and productivity measures.

Despite inflationary pressures in energy and logistics, Vedanta successfully maintained operational efficiency, demonstrating its commitment to sustainability and long-term value creation for stakeholders.

While the company recorded a net exceptional expense of ₹20.67 billion, this primarily included a write-off of ₹14.07 billion and a settlement payment of ₹6.60 billion.

Excluding these one-time items, Vedanta’s core performance remained strong and continues to reflect its ability to deliver stable earnings across market cycles.

Earlier this month, Hindustan Zinc, Vedanta’s zinc and silver subsidiary, also reported a robust profit increase driven by firm commodity prices and strong operational output.

The synergy between Vedanta and its subsidiaries continues to strengthen the company’s overall performance and diversification strategy.

Vedanta’s growth story extends beyond just strong financials. The company has been steadily investing in innovation, environmental sustainability, and community development as part of its long-term vision to become the world’s leading diversified natural resources company.

Through technology-driven mining practices, energy efficiency projects, and sustainable sourcing, Vedanta has positioned itself as a responsible global leader in the natural resources sector.

Chairman Anil Agarwal has often emphasized the company’s commitment to supporting India’s industrial growth and energy independence.

Vedanta’s integrated operations in metals, oil and gas, and power play a crucial role in driving India’s self-reliance in raw materials and energy.

The strong financial results this quarter underscore Vedanta’s strategic foresight, disciplined management, and its contribution to India’s economic growth.

Looking ahead, Vedanta remains optimistic about the future, buoyed by expectations of continued industrial expansion, urban infrastructure development, and demand for renewable energy materials such as aluminium and copper.

The company’s focus on operational excellence, digital transformation, and cost efficiency positions it well to sustain growth momentum in upcoming quarters.

Vedanta’s performance this quarter reaffirms its ability to adapt, innovate, and thrive despite global challenges.

With strong fundamentals, a robust business model, and a diversified portfolio, the company continues to deliver consistent value to shareholders while driving India’s growth in the global metals and mining sector.

As commodity markets stabilize and demand for key industrial metals grows, Vedanta’s strong foundation, strategic investments, and commitment to sustainability are set to keep it at the forefront of India’s resource economy.