Vedanta Q4 result: Net profit surges 154%, EBITDA jumps 31%, margin improves 370 bps

Vedanta Ltd, the multinational mining conglomerate, on Wednesday, April 30, reported a net profit of ₹3,483 crore in the January-March quarter (Q4 FY25), marking an increase of 154% from ₹1,369 crore registered in the same period last year.

Billionaire Anil Agarwal-backed company’s revenue from operations rose 14% annually to ₹40,455 crore from ₹35,509 crore logged in the year-ago period.

The company reported stable operational performance as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), jumped 31% to ₹ 11,466 crore as against ₹ 8,768 crore.

Its EBITDA margin improved by 370 basis points to 28.34% from 24.69% reported in the same period last year.

“I'm pleased to report strong Q4 FY25 results, reflecting our consistent focus on operational discipline. 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, reaching four-year lows for Zinc India CoP and ex-Alumina CoP at Aluminium. Our outlook for FY26 is firmly focused on growth and efficiency,” said Arun Misra, Executive Director at Vedanta.

“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. We remain vigilant, responsive to market dynamics, and fully committed to seizing opportunities for long-term value creation,” he added.

For financial year 2024-25, Vedanta recorded its highest-ever annual aluminium production at 2,422 kilo tonnes (kt), marking 2% year-on-year (YoY) growth. The increase was bolstered by enhanced operational efficiencies and steady demand.

Hindustan Zinc, Vedanta's flagship zinc arm, became the world's largest integrated zinc producer in FY25. The company achieved historic highs in both mined metal production at 1,095 kt and refined metal output at 1,052 kt. Cost efficiencies also improved, with the annual cost of production (CoP) dropping to a four-year low of $1,052 per metric tonne (MT), down 6% YoY. Q4 CoP was even lower at $994/MT — the lowest in 16 quarters, Vedanta said in a press release.

Annual saleable ore production reached 6.2 million tonnes per annum (MTPA), 12% YoY rise. Saleable steel production for the year stood at 1,337 kt, with Q4 production at 355 kt. Copper cathode output also saw a healthy rise, with annual production surging to 149 kt, up 6% YoY, as operations stabilised and efficiency improved, Vedanta added.

Vedanta shares rose nearly 1% to ₹420 following its earnings announcement.