The proposed NCD issuance will be undertaken in the ordinary course of business. The proposal is pursuant to a resolution passed by Vedanta’s Board of Directors at its meeting held on May 29, 2026. The company said the meeting will be held by its duly constituted Committee of Directors.
First Quarter Results
Profit for the June quarter stood at ₹5,294 crore, compared with ₹4,267 crore in the preceding quarter. Revenue eased 1.6% sequentially to ₹24,205 crore from ₹24,609 crore. EBITDA rose 13% quarter-on-quarter to ₹8,501 crore from ₹7,559 crore, while EBITDA margin expanded sharply to 35.1% from 30.7%.
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Operationally, several businesses delivered record or near-record performances. Zinc India posted its highest-ever first-quarter mined metal production at 268 kt, while refined metal production increased 4% year-on-year to 260 kt. The business also reported its lowest zinc cost of production since transitioning underground, with costs falling 16% year-on-year to 851 dollars per tonne.
Elsewhere, FACOR recorded its highest-ever ore production of 153 kt, up 41% year-on-year, alongside a 4% increase in ferrochrome production. The Copper India business registered its highest first-quarter sales in eight years, while the company’s ports business reported record discharge volumes of 2,358 kt, up 40% from a year ago.
Zinc International’s mined metal production declined 14% year-on-year as the Deep mine at Black Mountain nears the end of its operational life, while copper rod sales at the Fujairah facility were impacted by disruptions arising from the closure of the Strait of Hormuz.
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Shares of Vedanta Ltd ended at ₹257.20, down by ₹7.15, or 2.70%, on the BSE.
First Published: Sept 15, 2026 8:12 PM IST
