Vedanta Limited on Friday posted a profit of Rs 4,876 crore during the third quarter of FY25, recording a growth of 70.01 per cent in comparison to Rs 2,868 crore during the same period of previous financial year. It reported revenue from operations at Rs 38,526 crore, up 10.18 per cent as against Rs 34,968 crore during the same period last year. The company recorded its highest ever third quarter EBITDA at Rs 11,284 crore, up 30 per cent YoY, driven by higher output commodity prices partially offset by input commodity inflation. Vedanta said, “Q3 EBITDA was higher by 30 per cent YoY on account of structural cost saving initiatives across businesses, favorable output commodity prices, partially offset by input commodity inflation.”
The company’s net debt came in at Rs 57,358 crore with net debt/ EBITDA at 1.4x vs 1.7x in Q3FY24). The cash and cash equivalent improved by 66 per cent YoY on the back of robust free cash flow (precapex) of Rs 6,766 crore.
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Arun Misra, Executive Director, Vedanta Limited, said, “We have delivered our highest-ever 3rd Quarter EBITDA of Rs 11,284 crore. Our strategic focus on cost optimization and production ramp-up across our key businesses has helped us to continue delivering this outperformance. Notably, we witnessed 58% YoY jump in EBITDA at our Aluminium business and 28% YoY increase in our Zinc India business. We expect this outperformance to continue in the coming quarters driven by our ongoing growth initiatives and business integration projects.”
Ajay Goel, CFO, Vedanta, said, “This quarter marks a stellar performance, delivering the highest Q3 EBITDA of Rs 11,284 crore, a remarkable 30 per cent growth year-on-year, with a robust EBITDA margin of 34 per cent. Our PAT stood at Rs 4,876 crore, reflecting an exceptional 70 per cent YoY growth, showcasing the resilience of our business. This success has been driven by our focus on cost efficiencies, volume growth, and favourable commodity prices. The recent upgrade in our credit rating, along with a leverage improvement to 1.4x, highlights our financial strength and the market’s confidence in Vedanta’s growth trajectory. Additionally, the demerger process is progressing well, with the shareholders’ and creditors’ meeting scheduled for February 2025.”
Q3 performance across segments
▪ Aluminum
o Highest ever Aluminum production of 613 kt,
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