Vedanta Share Price Gains 4.5% After Q4FY26 Earnings Results; PAT Jumps 89% YoY, Net Debt to EBITDA At 0.95x

Vedanta share price was in focus on April 29, after the company reported a strong set of Q4FY26 numbers.  

The move came as Vedanta posted its best ever quarterly revenue of ₹51,524 crore, supported by broad based growth in its financial performance. 

Vedanta Results: Record Quarter and Full Year Performance 

Vedanta Limited announced its audited consolidated results for the fourth quarter and full year ended March 31, 2026, reporting its strongest financial quarterly performance so far.  

The company said profit after tax jumped 89% YoY to ₹9,352 crore in Q4FY26, while full year PAT rose 22% to ₹25,096 crore.  

Vedanta Q4FY26 Results: Revenue, EBITDA And PAT Hit New Highs 

For Q4FY26, Vedanta posted its best ever quarterly revenue of ₹51,524 crore, up 29% YoY and 12% sequentially. Highest-ever quarterly EBITDA stood at ₹18,447 crore, rising 59% YoY and 22% QoQ. 

The company also reported its best ever EBITDA margin of nearly 44%, an expansion of 915 basis points YoY and 306 basis points sequentially.  

Return on capital employed stood at around 32%, improving by 539 basis points YoY. Free cash flow before capital expenditure came in at ₹11,930 crore, up 53% YoY. 

Vedanta FY26 Results: Annual Revenue Crosses ₹1.74 Lakh Crore 

For FY26, Vedanta reported its best ever annual revenue of ₹1,74,075 crore, registering 15% growth YoY. Annual EBITDA stood at ₹55,976 crore, up 29%, while annual PAT came in at ₹25,096 crore, up 22%. 

During the year, the company incurred total capital expenditure of ₹14,918 crore, focused on volume expansion, cost reduction and supply chain integration.  

Cash and cash equivalents stood at ₹28,485 crore, improving 38% YoY, supported by free cash flow before capital expenditure of ₹26,013 crore. 

Vedanta Debt Position and Shareholder Return Improve 

Vedanta’s net debt to EBITDA ratio improved to 0.95 times in Q4FY26 from 1.22 times in Q4FY25, marking its best level in 14 quarters.  

The company’s credit rating was reaffirmed at AA Watch with Developing Implications by both CRISIL and ICRA. 

The company paid a dividend of ₹11 per share in Q4FY26 and ₹34 per share for the full year.  

Read More: Vedanta Share Price Gains as Today Marks Last Day to Buy Before 5-Way Demerger! 

Vedanta Business Highlights: Aluminium, Zinc and Power Lead Performance 

Vedanta reported record annual aluminium production of 2,456 kt and record alumina production of 2,916 kt at the Lanjigarh refinery. Zinc India delivered its best ever annual mined metal production of 1,114 kt, while Zinc International mined metal production rose 27% YoY to 225 kt. 

The company also highlighted a gas discovery at the Ambe Block, a 500 MW power purchase agreement for Meenakshi and Athena, and record annual production in pig iron, ferro chrome and cathode. 

Vedanta Share Price Performance 

Vedanta share price gained 4.5% to ₹772.50 on the NSE as of 3:14 PM, after the company reported its best ever quarterly revenue. 

Conclusion 

Vedanta’s FY26 performance was led by record financial numbers, stronger operating efficiency and improved leverage. The upcoming demerger, effective from May 1, 2026, remains a key corporate development to watch. 

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