Mumbai: Vedanta Aluminium Metal Limited, India’s largest aluminium producer, on Thursday announced its unaudited financial results for the quarter ended 30 June 2026, registering an exceptional debut performance as an independent entity. The company board has also approved the First Interim Dividend of ₹ 8/- per equity share.
Vedanta Aluminium’s first quarter was marked by robust financial performance, record production, cost competitiveness, and substantial progress on strategic integration initiatives. Revenue increased to a highest-ever ₹21,105 crore, up 13% QoQ (quarter-on-quarter) and 45% YoY (year-on-year), driven by increased volumes & realizations. EBITDA surged to a record ₹10,499 crore, rising 24% QoQ and 134% YoY on the added strength of cost efficiency, while the EBITDA margin rose to a best-ever 50%.
Profit stood at ₹6,597 crore, increasing 33% QoQ and 205% YoY, reflecting strong operating performance. The company further strengthened its balance sheet through deleveraging, with Net Debt to EBITDA improving to 0.9x from 1.3x in Q4FY26. Reflecting its sustained performance, Vedanta Aluminium also received a credit rating upgrade to AA+ (Stable) from both CRISIL and ICRA.
The company’s aluminium production reached an all-time high of 632 KT, increasing 3% QoQ and 5% YoY while value-added products (VAP) production achieved a best-ever figure of 389 KT, up 4% QoQ and 14% YoY. Alumina production stood at 826 KT, increasing 41% YoY through enhanced refining capacity and asset utilisation.
At a foundational level, as India's largest aluminium producer, Vedanta Aluminium is building one of the world's most competitive, fully integrated aluminium businesses. Towards this, the company continues to strengthen raw material security.
Commenting on the company’s Q1 performance, Rajesh Kumar, Whole-Time Director & CEO, Vedanta Aluminium, said, “We have commenced our new, independent chapter with robust operational and financial performance in this quarter, reflecting the success of our approach which merges business resilience, disciplined execution, and a long-term vision. In an increasingly dynamic geopolitical environment, our strategic focus on resource security, operational integration, and value-added products continues to strengthen our competitive position while enhancing our ability to deliver sustainable growth. Through this effort, we are systematically building a future-ready enterprise by creating enduring value for stakeholders, strengthening cost leadership, and shaping a globally competitive aluminium business.”
Anup Agarwal, CFO, Vedanta Aluminium, said, “Our inaugural quarter as an independent company marks a strong start, with record revenue at ₹21,105 crore, EBITDA at ₹10,499 crore, and PAT at ₹6,597 crore. We enter this phase from a position of robust financials, with a strengthened balance sheet and improved credit profile, offering increased flexibility for our strategic growth ambitions. As one of the world's leading aluminium producers, we aim to cater to the accelerating demand from energy transition, infrastructure, transportation, packaging, and advanced manufacturing sectors across India and global markets through our integrated value chain and expanding value-added portfolio.”