Vedanta Limited Posts 172% Surge in FY25 Profit, Records ₹20,535 Crore PAT with Highest-Ever Revenue

Robust operational efficiency, volume expansion, and cost control fuel Vedanta’s stellar financial performance; FY25 EBITDA rises 37%, quarterly PAT up 118% YoY.

Vedanta Achieves Record ₹1.5 Lakh Crore Revenue in FY25

New Delhi, May 5, 2025 – Mining and metals conglomerate Vedanta Limited (NSE: VEDL, BSE: 500295) has announced a strong financial performance for the financial year ended March 31, 2025 (FY25), registering a massive 172% year-on-year (YoY) surge in profit after tax (PAT) to ₹20,535 crore. This record-breaking performance was underpinned by robust commodity pricing, volume expansion, and aggressive cost optimization measures.

The company also posted its highest-ever consolidated revenue of ₹1,50,725 crore, reflecting a 10% YoY increase, and reported its second-highest full-year EBITDA of ₹43,541 crore, a significant 37% growth over FY24. These results mark a standout year for Vedanta across all key metrics including margins, production efficiency, and ESG leadership.

Q4 FY25 Highlights: Strong Quarter Closes a Stellar Year

For the fourth quarter ending March 2025, Vedanta recorded:

• Revenue: ₹39,789 crore, up 14% YoY and 3% QoQ

• EBITDA: ₹11,618 crore, up 30% YoY

• EBITDA Margin: 35%, highest in the last 12 quarters

• Profit After Tax: ₹4,961 crore, up 118% YoY

Net debt-to-EBITDA ratio improved to 1.2x, down from 1.5x in FY24, signaling better capital efficiency and financial health. Vedanta also reduced its gross debt to ₹73,853 crore and holds a strong cash position of ₹20,602 crore. Credit rating agencies ICRA and CRISIL upgraded Vedanta to ‘AA’, with a positive outlook.

Operational Milestones and Volume Achievements

Vedanta delivered its highest-ever aluminium production at 2,422 kilotonnes (KT). Its zinc operations in India also set new records with 1,095 KT of mined metal and 1,052 KT of refined metal. Additionally, the iron ore business grew by 12% YoY to 6.2 million tonnes, while the copper cathode production reached 149 KT.

These volume gains were supported by continued investment in capacity and integration projects. In FY25, Vedanta spent ₹12,626 crore in capital expenditure, focusing on long-term growth and supply chain integration.

Leadership Speaks: Growth with Discipline

Mr. Arun Misra, Executive Director of Vedanta Limited, credited the performance to the company’s operational discipline:

“We’ve delivered record volumes in aluminium and zinc while significantly reducing costs. With key projects like the Lanjigarh Alumina Refinery Expansion and Sijimali Bauxite Mine in Odisha progressing on schedule, we expect FY26 to be another year of strong growth.”

CFO Ajay Goel emphasized the financial achievements:

“Vedanta posted its highest-ever quarterly revenue and EBITDA in Q4. Our strategic focus on cost control, operational excellence, and disciplined capital allocation has significantly strengthened our financial position.”

FY25 ESG and Sustainability Leadership

Vedanta’s FY25 results also underscored its growing commitment to environmental, social, and governance (ESG) priorities:

• Hindustan Zinc ranked 1st and Vedanta Aluminium ranked 2nd globally in the S&P Global Corporate Sustainability Assessment 2024

• Renewable Energy: 1,906 MW Power Delivery Agreements (PDAs) in place, with 2.61 billion units utilized

• Gender Diversity: Achieved 22% gender diversity in full-time workforce — seven years ahead of target

• Water Recycling: Achieved 29% recycling rate

• Waste Utilization: 95% of HVLT waste reused

• Tree Plantation: Planted over 3 million trees, aiming for 7 million by 2030

• Social Impact:

  • Built 8,045 Nand Ghars for women and child welfare

  • Contributed ₹584 crore in CSR efforts, impacting 6.8 million lives

Awards and Recognitions in Q4 FY25

Vedanta and its subsidiaries received multiple accolades, reflecting leadership in safety, CSR, and business excellence:

• Safety:

  • HZL and BALCO recognized by British Safety Council

  • VGCB awarded by CII Andhra Pradesh

• CSR:

  • BALCO honored at BCC&I Social Leadership Conclave

  • Vedanta Jharsuguda won dual awards at World CSR Congress 2025

• Operational Excellence:

  • Jharsuguda unit bagged three Gold Awards at TQM India Summit 2025

• Sustainability:

  • HZL secured 2nd place in Water Stewardship and Sustainability Performance at ICC Vision Summit 2025

FY26 Outlook: Strategic Projects and Transformation on Track

Vedanta’s management has outlined a clear roadmap for FY26, with continued emphasis on cost efficiency, expansion projects, and market agility. Projects like the Lanjigarh Refinery Expansion and Sijimali Bauxite Mine are expected to enhance alumina security and reduce costs significantly. Additional volume expansions are expected to come online, further boosting operational leverage.

The company is also maintaining vigilance amid evolving market dynamics, while seeking to maximize long-term value creation through strategic capital deployment and operational resilience.

Key Financial Summary: FY25 vs FY24

*FY24 comparisons exclude the one-time Cairn arbitration gain

Access and Investor Engagement

Vedanta’s Q4 FY25 results presentation and additional reports are available on the Investor Relations section of the company’s website:
🔗 https://www.vedantalimited.com/eng/investor-relations-overview.php#resultsReports

An earnings call with senior management was held on April 30, 2025, at 5:00 PM IST. The recording will be available on the same investor portal from May 1, 2025.

Conclusion

Vedanta’s FY25 performance demonstrates its operational strength, financial prudence, and ESG commitment. With a strong foundation, strategic growth projects underway, and improved credit ratings, Vedanta is positioned to sustain its upward trajectory into FY26, delivering long-term value to shareholders and communities alike.