Integrated Filing — IndAS



General information about company

Scrip Code 500295
NSE Symbol VEDL
MSEI Symbol NOTLISTED
ISIN INE205A01025
Name of company Vedanta Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 31-10-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 31-10-2025   13:00:00
End date and time of board meeting 31-10-2025   14:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 39,86,800.00 77,69,200.00
Other income 59,600.00 1,58,100.00
Total income 40,46,400.00 79,27,300.00
2 Expenses
(a) Cost of materials consumed 12,98,700.00 26,38,300.00
(b) Purchases of stock-in-trade 4,300.00 6,200.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 10,700.00 (1,02,000.00)
(d) Employee benefit expense 89,200.00 1,76,400.00
(e) Finance costs 2,11,000.00 4,13,600.00
(f) Depreciation, depletion and amortisation expense 2,86,800.00 5,69,200.00
(f) Other Expenses
1 Power and fuel charges 5,90,300.00 11,70,300.00
2 Other expenses 8,53,900.00 17,48,500.00
Total other expenses 14,44,200.00 29,18,800.00
Total expenses 33,44,900.00 66,20,500.00
3 Total profit before exceptional items and tax 7,01,500.00 13,06,800.00
4 Exceptional items (2,06,700.00) (2,06,700.00)
5 Total profit before tax 4,94,800.00 11,00,100.00
6 Tax expense
7 Current tax 1,63,100.00 3,02,100.00
8 Deferred tax (16,300.00) 4,300.00
9 Total tax expenses 1,46,800.00 3,06,400.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,48,000.00 7,93,700.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (100.00) (100.00)
16 Total profit (loss) for period 3,47,900.00 7,93,600.00
17 Other comprehensive income net of taxes 14,200.00 (1,900.00)
18 Total Comprehensive Income for the period 3,62,100.00 7,91,700.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,79,800.00 4,98,300.00
Total profit or loss, attributable to non-controlling interests 1,68,100.00 2,95,300.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2,00,000.00 5,01,300.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1,62,100.00 2,90,400.00
21 Details of equity share capital
Paid-up equity share capital 39,100.00 39,100.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.61 12.76
Diluted earnings (loss) per share from continuing operations 4.56 12.65
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.61 12.76
Diluted earnings (loss) per share from continuing and discontinued operations 4.56 12.65
24 Debt equity ratio 1.5400 1.5400
25 Debt service coverage ratio 1.7700 1.3400
26 Interest service coverage ratio 4.9900 4.8900
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Refer quick notes for results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,05,23,500.00
Capital work-in-progress 30,45,000.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 1,99,400.00
Intangible assets under development 3,00,900.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,75,800.00
Trade receivables, non-current 1,14,800.00
Loans, non-current 3,300.00
Other non-current financial assets 3,58,800.00
Total non-current financial assets 6,52,700.00
Deferred tax assets (net) 3,88,700.00
Other non-current assets 6,02,400.00
Total non-current assets 1,57,12,600.00
2 Current assets
Inventories 17,23,700.00
Current financial asset
Current investments 10,62,800.00
Trade receivables, current 3,71,400.00
Cash and cash equivalents 4,66,900.00
Bank balance other than cash and cash equivalents 6,56,200.00
Loans, current 3,81,000.00
Other current financial assets 6,93,700.00
Total current financial assets 36,32,000.00
Current tax assets (net) 5,500.00
Other current assets 5,85,400.00
Total current assets 59,46,600.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 2,16,59,200.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 39,100.00
Other equity 39,75,300.00
Total equity attributable to owners of parent 40,14,400.00
Non controlling interest 14,06,900.00
Total equity 54,21,300.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 57,60,600.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 1,76,700.00
Total non-current financial liabilities 59,37,300.00
Provisions, non-current 3,48,300.00
Deferred tax liabilities (net) 13,51,900.00
Deferred government grants, Non-current 4,33,800.00
Other non-current liabilities 50,100.00
Total non-current liabilities 81,21,400.00
Current liabilities
Current financial liabilities
Borrowings, current 25,93,800.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 11,85,700.00
Total Trade payable 11,85,700.00
Other current financial liabilities 35,75,300.00
Total current financial liabilities 73,54,800.00
Other current liabilities 5,24,400.00
Provisions, current 36,700.00
Current tax liabilities (Net) 1,70,600.00
Deferred government grants, Current 30,000.00
Total current liabilities 81,16,500.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,62,37,900.00
Total equity and liabilites 2,16,59,200.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) Refer quick notes for results.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Zinc,Lead and Silver 8,23,500.00 15,77,700.00
2 Zinc-International 1,23,700.00 2,38,700.00
3 Oil & Gas 2,33,000.00 4,63,300.00
4 Aluminium 15,67,100.00 30,22,700.00
5 Copper 6,60,400.00 12,97,800.00
6 Iron Ore 1,44,900.00 2,78,300.00
7 Power 2,19,500.00 4,26,800.00
8 Others 1,85,600.00 4,12,000.00
Total Segment Revenue 39,57,700.00 77,17,300.00
Less: Inter segment revenue 35,900.00 52,100.00
Revenue from operations 39,21,800.00 76,65,200.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Zinc,Lead and Silver 3,54,800.00 6,44,600.00
2 Zinc-International 18,800.00 47,100.00
3 Oil & Gas 36,200.00 96,600.00
4 Aluminium 4,82,300.00 8,58,400.00
5 Copper (2,500.00) (6,300.00)
6 Iron Ore 900.00 12,600.00
7 Power 4,100.00 33,400.00
8 Others (20,200.00) (19,800.00)
Total Profit before tax 8,74,400.00 16,66,600.00
i. Finance cost 2,11,000.00 4,13,600.00
ii. Other Unallocable Expenditure net off Unallocable income 1,68,600.00 1,52,900.00
Profit before tax 4,94,800.00 11,00,100.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Zinc,Lead and Silver 26,38,600.00 26,38,600.00
2 Zinc-International 11,81,500.00 11,81,500.00
3 Oil & Gas 23,67,800.00 23,67,800.00
4 Aluminium 76,96,900.00 76,96,900.00
5 Copper 6,27,600.00 6,27,600.00
6 Iron Ore 6,53,600.00 6,53,600.00
7 Power 16,88,900.00 16,88,900.00
8 Others 10,86,800.00 10,86,800.00
Total Segment Asset 1,79,41,700.00 1,79,41,700.00
Un-allocable Assets 37,17,500.00 37,17,500.00
Net Segment Asset 2,16,59,200.00 2,16,59,200.00
4 Segment Liabilities
Segment Liabilities
1 Zinc,Lead and Silver 8,31,600.00 8,31,600.00
2 Zinc-International 2,11,000.00 2,11,000.00
3 Oil & Gas 11,32,800.00 11,32,800.00
4 Aluminium 21,28,500.00 21,28,500.00
5 Copper 9,04,700.00 9,04,700.00
6 Iron Ore 3,24,700.00 3,24,700.00
7 Power 2,25,900.00 2,25,900.00
8 Others 4,42,100.00 4,42,100.00
Total Segment Liabilities 62,01,300.00 62,01,300.00
Un-allocable Liabilities 1,00,36,600.00 1,00,36,600.00
Net Segment Liabilities 1,62,37,900.00 1,62,37,900.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Additional Notes: 1. We have considered Earnings before interest and tax (EBIT) for segment results. 2. Other unallocable income, net of expenses and net exceptional gain/(loss) are clubbed together and shown under the head Other unallocable expenditure net off other unallocable income. 3. Others in Segment Revenue (Income) includes Other operating income of Rs. 650 Crore for the quarter ended 30 September 2025 and Rs. 1040 for the half year ended 30 September 2025. Refer quick notes for results.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (2,900.00) (1,400.00)
Total Amount of items that will not be reclassified to profit and loss (2,900.00) (1,400.00)
2 Income tax relating to items that will not be reclassified to profit or loss (700.00) (800.00)
3 Amount of items that will be reclassified to profit and loss
1 (a) Items that will be reclassified to profit or loss (6,800.00) (38,600.00)
Total Amount of items that will be reclassified to profit and loss (6,800.00) (38,600.00)
4 Income tax relating to items that will be reclassified to profit or loss (23,200.00) (37,300.00)
5 Total Other comprehensive income 14,200.00 (1,900.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 11,00,100.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4,13,600.00
Adjustments for decrease (increase) in inventories (2,68,800.00)
Adjustments for decrease (increase) in trade receivables, current (1,36,300.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (86,200.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 5,71,400.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 5,200.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 1,78,200.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (500.00)
Adjustments for dividend income 1,900.00
Adjustments for interest income 1,14,700.00
Adjustments for share-based payments 5,000.00
Adjustments for fair value losses (gains) (15,900.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 2,07,000.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 7,56,100.00
Net cash flows from (used in) operations 18,56,200.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 2,33,600.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 16,22,600.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 10,300.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 2,100.00
Purchase of property, plant and equipment 10,25,500.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 9,700.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 1,900.00
Interest received 68,800.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (96,600.00)
Net cash flows from (used in) investing activities (10,49,900.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 3,01,500.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 20,81,200.00
Repayments of borrowings 13,64,100.00
Payments of lease liabilities 22,300.00
Dividends paid 10,52,900.00
Interest paid 4,52,800.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (5,09,400.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 63,300.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 4,300.00
Net increase (decrease) in cash and cash equivalents 67,600.00
Cash and cash equivalents cash flow statement at beginning of period 3,99,300.00
Cash and cash equivalents cash flow statement at end of period 4,66,900.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. Batliboi and Co. LLP, Chartered Accountants Yes 31-07-2027