Vedanta Power Share Price Surges Over 14% as Company Reports Strong Q2 FY27 Earnings Results

Vedanta Power Limited reported a stronger performance for the September quarter, with higher power sales and improved output from several of its plants.  

The improvement was reflected in its financial results, with the company reporting positive earnings before exceptional items against a loss in the corresponding quarter last year. 

Revenue and EBITDA See Sharp Growth 

Revenue for Q2 FY27 increased 38% year-on-year to ₹2,908 crore. EBITDA rose 122% to ₹421 crore, while profit before exceptional items reached ₹101 crore, compared with a loss of ₹142 crore in Q2 FY26. 

The company also reported a net profit of ₹83 crore and recorded its first-ever positive earnings per share (EPS) of ₹0.21. Total power sales increased 26% to 5,593 million units (MU), while realisation improved to ₹5.20 per unit from ₹4.74 a year earlier. 

Meenakshi and Jharsuguda Support Higher Sales 

Meenakshi Energy sold 1,470 MU during the quarter, compared with 695 MU in the year-ago period. Its quarterly EBITDA stood at ₹101 crore, while domestic coal consumption reached 87%. 

Jharsuguda also reported a significant improvement, with plant availability rising to 98% from 48% in Q2 FY26. Power sales reached 873 MU, against 305 MU a year earlier. 

At Talwandi Sabo, power sales stood at 2,945 MU, registering 6% annual growth. Meanwhile, Unit 1 of the Sakti Thermal Power Plant was synchronised on October 25, 2026. 

Net Debt Moves Lower 

Vedanta Power's consolidated net debt declined to ₹7,444 crore as of September 30, 2026, from ₹7,704 crore at the end of June. Its net debt-to-EBITDA ratio improved to 4.47 times from 9.82 times in Q2 FY26. Cash and cash equivalents stood at ₹1,063 crore. 

First-Half Revenue Reaches ₹5,515 Crore 

For the first half of FY27, revenue increased 35% to ₹5,515 crore, while EBITDA grew 17% to ₹712 crore.  

Profit before exceptional items stood at ₹42 crore, compared with a loss of ₹54 crore in the corresponding period last year. 

Read More: Hikal Share Price Gains Over 8%; Achieves Swissmedic GMP Certification for Bengaluru Facility! 

Vedanta Power Share Price Performance  

As of 30 October 2026, at 11:57 AM, Vedanta Power Limited share price is trading at ₹32.97 per share, reflecting a surge of 14.16% from the previous trading session. 

Conclusion 

Vedanta Power's Q2 results reflect a turnaround in profitability, supported by higher electricity sales and improved performance at Meenakshi and Jharsuguda. The company also recorded its first positive EPS and reduced its consolidated net debt during the quarter. 

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