Vedanta Aluminium Metal Limited (NSE: VAML), India’s largest aluminium producer, announced its unaudited financial results for the quarter and half year ended 30 September 2026, delivering solid financial results and record operational performance. Revenue increased to ₹22,066 crore, up 41% YoY, supported by higher volumes and improved marketing mix. EBITDA stood at ₹10,192 crore, up 83% YoY, with an EBITDA margin of ~46%. Profit after tax stood at ₹6,187 crore, more than doubling YoY with an increase of 105%.

Financial Highlights

The company’s robust credit profile was further validated with India Ratings upgrading its credit rating to AA+ (Stable), alongside rating reaffirmations from ICRA and CRISIL. Operationally, Vedanta Aluminium achieved its highest-ever quarterly aluminium production of 649 KT, up 3% QoQ and 5% YoY.

Operational Achievements

Vedanta Aluminium (VAML) further strengthened its balance sheet during the quarter, reducing net debt by ₹3,090 crore QoQ, with Net Debt/EBITDA improving to 0.7x from 0.9x in Q1FY27. The company’s operationalisation of the second zone of BALCO’s expansion, alongside progress on securing its bauxite resources, reinforces the robust foundation of its integrated value chain.

Forward-Looking Statement

With a healthy balance sheet and continued progress across its growth and integration projects, VAML remains well positioned to fund its strategic priorities while maintaining financial discipline. As we scale our operations, our focus remains on disciplined execution, cost competitiveness, and an expanding portfolio of value-added products, enabling us to create enduring value for our stakeholders and meet the growing demand for aluminium.

Source: NSE Corporate Announcement

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