Integrated Filing — IndAS



General information about company

Scrip Code 544782
NSE Symbol VOGL
MSEI Symbol NOTLISTED
ISIN INE704J01044
Name of company Vedanta Oil And Gas 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 28-04-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-04-2026   15:01:00
End date and time of board meeting 28-04-2026   17:20:00
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
Whether the company has any related party? No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? No
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 01-05-2026
Indicate Company website link for updated RPT policy of the Company https://www.vedantaoilandgas.com/corporate-governance/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
since the entity is being listed on stock exchanges on 15 June 2026, prior to that company had no debt securities, hence not applicable.



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 6,769.00 36,594.00
Other income 289.00 1,383.00
Total income 7,058.00 37,977.00
2 Expenses
(a) Cost of materials consumed 3,492.00 18,567.00
(b) Purchases of stock-in-trade (416.00) 10,551.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 4,282.00 5,650.00
(d) Employee benefit expense 323.00 1,280.00
(e) Finance costs 1,380.00 5,662.00
(f) Depreciation, depletion and amortisation expense 743.00 4,543.00
(f) Other Expenses
1 Power & Fuel 242.00 925.00
2 Other Expenses 2,000.00 9,850.00
Total other expenses 2,242.00 10,775.00
Total expenses 12,046.00 57,028.00
3 Total profit before exceptional items and tax (4,988.00) (19,051.00)
4 Exceptional items 0.00 0.00
5 Total profit before tax (4,988.00) (19,051.00)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
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 (4,988.00) (19,051.00)
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 0.00 0.00
16 Total profit (loss) for period (4,988.00) (19,051.00)
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period (4,988.00) (19,051.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 467.00 467.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve (47,886.00)
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -21.31 -81.53
Diluted earnings (loss) per share from continuing operations -21.31 -81.53
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 -21.31 -81.53
Diluted earnings (loss) per share from continuing and discontinued operations -21.31 -81.53
24 Debt equity ratio -0.1300 -1.1600
25 Debt service coverage ratio -0.200 -0.1500
26 Interest service coverage ratio -3.6100 -1.5600
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) The Board of Directors of the Company at its meeting held on October 13, 2023 had approved, subject to necessary approvals, a Scheme of Arrangement amongst Vedanta Limited, Vedanta Aluminium Metal Limited, Malco Energy Limited, Vedanta Iron and Steel Limited, the Company and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The Scheme, inter alia, provides for the reorganisation and demerger of certain businesses of Vedanta Limited into separate resulting entities with the objective of creating independent sector-focused listed companies. Pursuant to the Scheme, Oil & Gas Undertaking (represented by the Oil and Gas segment) of the Vedanta Limited is proposed to be part of the MALCO Energy Limited focused on the Oil & Gas business, subject to the terms and conditions of the Scheme. The Scheme has been approved by the Hon’ble National Company Law Tribunal on December 16, 2025. The Board of Directors, at its meeting held on April 20, 2026 has inter alia, approved to make the Scheme effective on May 01, 2026 and the impact of the demerger would be given on the date of effectiveness of the Scheme. The Board of Directors of MALCO Energy Limited, at its meeting held on March 31, 2026, approved the Company’s decision to divest all its existing business undertakings as part of overall Vedanta group restructuring, involving: (i) the simultaneous transfer of the Company’s existingbusiness undertakings, namely the Nickel (Nicomet) undertakingand Power undertaking, together with the equity investment in Fujairah Gold FZC, to Vedanta Limited and transfer of GNRE Coke undertaking to Vedanta Iron and Steel Limited (ii) the simultaneous vesting of the Oil & Gas undertaking of Vedanta Limited into MALCO Energy Limited (“the Company”). The Board has approved that the above transactions are inter-dependent and shall be implemented simultaneously, with neither transaction being capable of being effected independently of the other. As at March 31, 2026, the Company has assessed that it is committed to the overall group restructuringThe aforesaid business undertakings are available for transfer upon the Scheme becoming effective, and there is no intention to withdraw from or significantly modify the approved plan. Based on this assessment, management has concluded that the criteria specified in Ind AS 105 – Non-current Assets Held for Sale and Discontinued Operations are satisfied as at March 31, 2026. Accordingly, the Nickel (Nicomet), GNRE Coke and Power undertakings and the equity investment in Fujairah Gold FZC have been classified as disposal groups held for sale and the related results have been presented as discontinued operations. In view of the inter-dependent nature of the transactions and the approved Scheme, the Company does not have any operations that are expected to continue independently in their present form, pending effectiveness of the demerger of the Oil and Gas Undertaking of Vedanta into the Company with effect from May 01, 2026. pending effectiveness of the Scheme. Consequently, the Statement of Profit and Loss for the year ended March 31, 2026, reflects results entirely from discontinued operations. Comparative information for the previous period has been re-presented accordingly. As substantially all assets and liabilities of the Company relate to the discontinued operations, assets and liabilities pertaining to such operations have been presented in the Balance Sheet under “Disposal Group classified as held for sale” and “Liabilities directly associated with Disposal Group held for sale”, in accordance with Ind AS 105. Detailed information relating to the major classes of assets and liabilities, results and cash flows of the discontinued operations has been provided in this note. On April 20, 2026, the Board of Directors of the MALCO Energy Limited has approved following transactions (“Pre-Scheme Transactions”) as part of the proposed reorganisation of Vedanta Limited and its subsidiaries. The Pre-Scheme transactions are intended to realign the Company’s businesses and investments in accordance with the proposed vertical structure and primarily comprise: (i) transfer of the Company’s Power undertaking to Vedanta Limited (“VEDL”); (ii) transfer of the Company’s GNRE undertaking to Vedanta Iron and Steel Limited (“VISL”); (iii) transfer of the Company’s Nicomet undertaking to VEDL; and (iv) transfer of the Company’s investment in Fujairah Gold FZC to VEDL for a nominal consideration, based on applicable valuation norms. The above transactions are expected to be completed on or before April 30, 2026, subject to execution of definitive agreements and requisite approvals. These matters have been assessed as non-adjusting events after the reporting period in accordance with Ind AS 10 – Events after the Reporting Period, as the conditions underlying these transactions did not exist as at March 31, 2026. Accordingly, no adjustments have been made in these financial statements. The Company expects that the execution of these transactions will result in recognition of gains and losses in the statement of profit and loss in the period of completion. The financial impact of the overall Pre-Scheme Transactions cannot be reliably estimated as at the date of approval of these financial statements, having regard to the fact that the transactions are yet to be consummated and remain subject to finalisation of terms and conditions.



Remarks

Debt equity ratio Increase due to increase in negative balance of other equity
Debt service coverage ratio The Ratio has increased due to new debt taken during the current year.
Interest service coverage ratio Decrease in ratio due to new loan has been taken during the year so interest cost has been increased during the year


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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 28,391.00
Capital work-in-progress 793.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 2,335.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Financial Assets 496.00
2 - 0.00
3 - 0.00
4 - 0.00
5 - 0.00
Total of other non-current financial assets 496.00
Total non-current financial assets 496.00
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 1,820.00
2 Income tax asset (net) 6,804.00
3 - 0.00
4 - 0.00
5 - 0.00
Total of other non-current assets 8,624.00
Total non-current assets 40,639.00
2 Current assets
Inventories 5,983.00
Current financial asset
Current investments 0.00
Trade receivables, current 686.00
Cash and cash equivalents 914.00
Bank balance other than cash and cash equivalents 64.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 620.00
Total current financial assets 2,284.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 8,933.00
Total of other current assets 8,933.00
Total current assets 17,200.00
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 57,839.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 467.00
Other equity (47,886.00)
Total equity attributable to owners of parent (47,419.00)
Non controlling interest
Total equity (47,419.00)
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease Liability 141.00
Total of other non-current financial liabilities 141.00
Total non-current financial liabilities 141.00
Provisions, non-current 32.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 173.00
Current liabilities
Current financial liabilities
Borrowings, current 68,251.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 335.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 25,717.00
Total Trade payable 26,052.00
Other current financial liabilities
1 Lease Liability 94.00
2 Operational Buyer Credit/ Supplier Credit 2,369.00
3 Derivatives 42.00
4 Other financial liabilities 3,026.00
Total of other current financial liabilities 5,531.00
Total current financial liabilities 99,834.00
Other current liabilities 5,204.00
1 Other current liabilities 5,204.00
Total of other current liabilities 5,204.00
Provisions, current 47.00
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 1,05,085.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,05,258.00
Total equity and liabilites 57,839.00
Disclosure of notes on assets and liabilities



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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Coke 0.00639 10,378.00
2 Nickel 6,113.00 25,573.00
3 Power 0.00017 0.00643
Total Segment Revenue 6,769.00 36,594.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 6,769.00 36,594.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Coke (713.00) (3,496.00)
2 Nickel (2,836.00) (9,674.00)
3 Power (59.00) (219.00)
Total Profit before tax (3,608.00) (13,389.00)
i. Finance cost 1,380.00 5,662.00
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax (4,988.00) (19,051.00)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Coke 16,121.00 16,121.00
2 Nickel 25,783.00 25,783.00
3 Power 15,935.00 15,935.00
Total Segment Asset 57,839.00 57,839.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 57,839.00 57,839.00
4 Segment Liabilities
Segment Liabilities
1 Coke 45,709.00 45,709.00
2 Nickel 47,855.00 47,855.00
3 Power 11,693.00 11,693.00
Total Segment Liabilities 1,05,257.00 1,05,257.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 1,05,257.00 1,05,257.00
Disclosure of notes on segments



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income



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 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (19,051.00)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 5,662.00
Adjustments for decrease (increase) in inventories 14,177.00
Adjustments for decrease (increase) in trade receivables, current 14,204.00
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 (29,276.00)
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 4,543.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (9.00)
Adjustments for dividend income 0.00
Adjustments for interest income 33.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (5.00)
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) 55.00
Other adjustments for non-cash items (962.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 8,356.00
Net cash flows from (used in) operations (10,695.00)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 6,070.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (16,765.00)
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 0.00
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 1.00
Purchase of property, plant and equipment 834.00
Proceeds from sales of investment property 1,077.00
Purchase of investment property 1,072.00
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 0.00
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 0.00
Interest received 31.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (797.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
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 168.00
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 27,976.00
Repayments of borrowings 17,263.00
Payments of lease liabilities 51.00
Dividends paid 0.00
Interest paid 1,245.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 9,249.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (8,313.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (8,313.00)
Cash and cash equivalents cash flow statement at beginning of period 9,227.00
Cash and cash equivalents cash flow statement at end of period 914.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
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 B C & CO LLP Yes 28-02-2029