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Notes:- 1 The above consolidated results of Vedanta Limited ("the Company") and its subsidiaries ("the Group"), jointly controlled entities, and associates for the quarter ended 30 June 2026 have been reviewed by the Audit and Risk Management Committee and approved by the Board of Directors in its meeting held on 30 July 2026. The statutory auditors have caried out a limited review on these results and issued an unmodified conclusion. 2 These results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards ("Ind AS") notified under the Companies (Indian Accounting Standards) Rules, 2015. The figures for the quarter ended 31 March 2026 are the balancing figures between audited figures for the full financial year ended 31 March 2026 and unaudited figures for the nine months ended 31 December 2025. 3 Net exceptional (loss)/gain : (Rs. in Crore) Particulars Year ended "30.06.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Continuing Operations: Impact of state levies: Zinc - - - 56 Statutory impact of new Labour Codes - - - (36) Net exceptional gain - - - 20 Current tax (expense) on above - - - (6) Net deferred tax benefit on above - - - 1 Net exceptional gain (net of tax) from continuing operations (A): - - - 15 Discontinued Operations: Property, plant and equipment ("PPE"), capital work-in-progress ("CWIP") and other assets written back/ (written off) or (impaired)/ reversed: - Aluminium - (349) - (349) - Iron Ore - (1,471) - (1,471) Power Segment: - Trade receivables written off - - - (1,407) - Late Payment Surcharge - - - (215) - Capital creditor settlement - - - (660) Statutory impact of new Labour Codes - - - (96) Net exceptional (loss) - (1,820) - (4,198) Current tax benefit on above - 88 - 88 Net deferred tax benefit on above - - - 598 Net exceptional (loss) (net of tax) from discontinuing operations (B): - (1,732) - (3,512) Less: Non-controlling interests on above (C) - - - 5 Net exceptional (loss), net of tax and non-controlling interests (A+B+C) - (1,732) - (3,502) "The Group has challenged the said letter before the Hon’ble Delhi High Court through a writ petition filed in September 2025, primarily on the grounds that the rejection is arbitrary and did not consider relevant factors under 2017 Extension policy. Pursuant to the Delhi High Court’s judgement dated 6 January 2026, notices have been issued in the matter and the parties have been directed to maintain status quo. Reply has been filed by the DGH and ONGC and Group has filed its rejoinder. DGH has also filed an application seeking vacation of the interim order. The matter is being heard. Based on provisions of PSC and its interpretation of 2017 extension policy, management believes that extension would be granted by MoPNG as the application for extension of the PSC was made in compliance with the timelines and criteria under the 2017 Extension Policy. Accordingly, no adjustments have been made to the Consolidated Financial results for the quarter and year ended 31 March 2026." 4 "The Hon'ble National Company Law Tribunal, Mumbai Bench, vide its Order dated 16 December 2025 and 9 January 2026, approved the Scheme of Arrangement inter-alia amongst Vedanta Limited, the resulting companies (i.e., Vedanta Aluminium Metal Limited (“VAML”), Vedanta Oil And Gas Limited (formerly known as Malco Energy Limited) (“VOGL”), Vedanta Iron and Steel Limited (“VISL”) and Vedanta Power Limited (formerly known as Talwandi Sabo Power Limited)) (“VPL”), their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (""Scheme""), providing for the demerger of Vedanta Limited’s Aluminium (represented by the Aluminium segment), Oil & Gas (represented by the Oil and Gas segment), Iron Ore (represented by Iron Ore segment) and Merchant Power (represented by the Power segment) undertakings into VAML, VOGL, VISL and VPL respectively, on a going concern basis. The receipt of aforesaid NCLT approval, being one of the substantial approvals, meets the highly-probable criteria prescribed in Ind AS 105 ""Non-current Assets Held for Sale and Discontinued Operations"" for presentation of the Scheme as discontinued operations. Hence Aluminium, Oil and Gas, Iron Ore and Power undertakings have been disclosed as discontinued operations in standalone financial results. Accordingly, all previous period figures have also been re-presented/re-computed, where required. The Board of Directors, at its meeting held on 20 April 2026, has inter alia, approved 1 May 2026 as effective date and appointed date of the Scheme. The management has accounted for the demerger w.e.f. 1 May 2026, in accordance with the accounting treatment prescribed under the sanctioned Scheme as a common control transaction, whereby the assets and liabilities were transferred to the Resulting Companies at their respective book values without any gain/loss. " "Accordingly, the results of the Discontinued Operation pertain only to the period from 1 April 2026 to 30 April 2026. Therefore, the figures for the current period are not comparable with those of the previous/ corresponding periods. Also, as required by the Scheme, all rights, obligations and contingent liabilities (including proceedings before judicial and regulatory authorities) have also been transferred to respective Resulting Company from the Effective Date. Consequently, financial impact of outcome of such proceedings after the Effective Date is not required to be recognised in these results. " Brief particulars of the Discontinued Operations are given in note below: Oil and Gas Undertaking (Net of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 843 2,588 2,311 9,606 Total Income 920 2,645 2,588 10,328 Total expenses 563 1,743 2,639 8,999 Profit before exceptional items and tax 357 902 (51) 1,329 Net exceptional (loss) - - - (26) Net tax expense/(benefit) 156 479 (37) 572 Profit/(Loss) from discontinued operations 201 423 (14) 731 Oil and Gas Undertaking (Gross of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 843 2,588 2,311 9,606 Total Income 942 2,699 2,648 10,546 Total expenses 790 1,765 2,636 9,111 Profit before exceptional items and tax 152 934 12 1,435 Net exceptional (loss) - - - (26) Net tax expense/(benefit) 156 479 (37) 572 (Loss)/Profit from discontinued operations (4) 455 49 837 Aluminium undertaking (Net of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 6,395 19,106 14,636 66,810 Total Income 6,438 19,332 14,841 67,700 Total expenses 3,537 11,515 11,863 46,947 Profit before exceptional items and tax 2,901 7,817 2,978 20,753 Net exceptional (loss) - (349) - (393) Net tax expense 661 1,823 724 5,120 Profit from discontinued operations 2,240 5,645 2,254 15,240 Aluminium undertaking (Gross of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 6,403 19,163 14,654 66,929 Total Income 6,445 19,351 14,859 67,781 Total expenses 3,558 11,632 11,991 47,555 Profit before exceptional items and tax 2,887 7,719 2,868 20,226 Net exceptional (loss) - (349) - (393) Net tax expense 661 1,823 724 5,120 Profit from discontinued operations 2,226 5,547 2,144 14,713 Iron Ore & Steel Undertaking (Net of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 1,290 3,861 3,094 13,581 Total Income 1,307 3,930 3,210 13,829 Total expenses 1,131 3,448 3,144 13,668 Profit before exceptional items and tax 176 482 66 161 Net exceptional (loss) - (1,471) - (1,493) Net tax expense 39 623 57 761 Profit/(Loss) from discontinued operations 137 (1,612) 9 (2,093) Iron Ore & Steel Undertaking (Gross of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 1,291 3,862 3,095 13,586 Total Income 1,350 4,065 3,337 14,353 Total expenses 1,141 3,506 3,174 13,857 Profit before exceptional items and tax 209 559 163 496 Net exceptional (loss) - (1,471) - (1,493) Net tax expense 39 623 57 761 Profit/(Loss) from discontinued operations 170 (1,535) 106 (1,758) Power Undertaking (Net of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 783 2,687 2,029 8,760 Total Income 786 2,695 2,033 8,782 Total expenses 779 2,318 1,906 8,598 Profit before exceptional items and tax 7 377 127 184 Net exceptional (loss) - - - (2,286) Net tax (benefit)/expense (39) (252) 21 (859) Profit/(Loss) from discontinued operations 46 629 106 (1,243) Power Undertaking (Gross of inter segment transactions) (Rs. in Crore) Particulars Month ended Quarter ended Year ended "30.04.2026 (Unaudited)" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited)" Revenue from operations 783 2,680 2,029 8,929 Total Income 792 2,688 2,033 8,952 Total expenses 788 2,374 1,921 8,713 Profit before exceptional items and tax 4 314 112 239 Net exceptional (loss) - - - (2,286) Net tax (benefit)/expense (39) (252) 21 (859) Profit/(Loss) from discontinued operations 43 566 91 (1,188) Total expense includes finance cost which has been allocated between continuing and discontinued operations based on final debt allocation between business divisions of Vedanta Limited as at 30 April 2026. Accordingly, finance cost of comparative periods have been regrouped between continuing and discontinued operations. 5 Additional disclosures of financial ratios: Particulars Year ended "30.06.2026 (Unaudited)**" "31.03.2026 (Audited) (Refer Note 2)" "30.06.2025 (Unaudited)" "31.03.2026 (Audited) " a) Debt-Equity Ratio (in times)* 1.42 1.19 1.41 1.19 b) Debt Service Coverage Ratio (in times)* 2.52 2.10 1.06 1.81 c) Interest Service Coverage Ratio (in times)* 12.59 8.52 4.79 6.24 d) Current Ratio (in times)* 1.10 1.06 1.01 1.06 e) Long term debt to working capital Ratio (in times)* 8.77 20.13 94.31 20.13 f) Bad debts to Account receivable Ratio (in times)* 0.00 0.06 0.00 0.06 g) Current liability Ratio (in times)* 0.45 0.38 0.40 0.38 h) Total debts to total assets Ratio (in times)* 0.34 0.35 0.37 0.35 i) Debtors Turnover Ratio (in times)* 16.34 8.53 6.03 26.68 j) Inventory Turnover Ratio (in times)* 2.55 2.13 1.78 8.11 k) Operating-Profit Margin (%)* 30% 32% 21% 26% l) Net-Profit Margin (%)* 22% 21% 12% 16% m) Capital Redemption Reserve (Rs. in Crore)* 3,110 3,110 3,110 3,110 n) Net Worth (Total Equity) (Rs. in Crore)* 19,867 68,577 56,814 68,577 * Not annualised, except for the year ended 31 March 2026. **The above ratios for the quarter ended 30 June 2026 have been computed based on continuing operations only. However, the ratios for the comparative periods have been calculated considering both continuing and discontinued operations. Therefore, the ratios for the quarter ended 30 June 2026 are not directly comparable with those of the comparative periods. Formulae for computation of ratios are as follows: a) Debt-Equity Ratio Total Debt/ Total Equity b) Debt Service Coverage Ratio Income available for debt service/ (interest expense + repayments made during the period for long term loans), where income available for debt service = Profit before exceptional items and tax + Depreciation, depletion and amortization expense + Interest expense c) Interest Service Coverage Ratio Income available for debt service/ interest expense d) Current Ratio Current Assets/ Current Liabilities (excluding current maturities of long term borrowing) e) Long term debt to working capital Ratio Non-current borrowing (including current maturities of long term borrowing)/ Working capital (WC), where WC = Current Assets - Current Liabilities (excluding current maturities of long term borrowing) f) Bad debts to Account receivable Ratio Bad Debts written off/ Average Trade Receivables g) Current liability Ratio Current Liabilities (excluding current maturities of long term borrowing)/ Total Liabilities h) Total debts to total assets Ratio Total Debt/ Total Assets i) Debtors Turnover Ratio Total revenue from operations/ Average Trade Receivables j) Inventory Turnover Ratio (Total revenue from operations - EBITDA)/ Average Inventory k) Operating-Profit Margin (%) (EBITDA - Depreciation, depletion and amortization expense)/ Total revenue from operations l) Net-Profit Margin (%) Net profit after tax before exceptional items (net of tax)/ Total revenue from operations m) Capital Redemption Reserve includes Preference Share Redemption Reserve created on redemption of preference shares. 6 The Non-Convertible debentures ('NCDs') of the Group outstanding as on 30 June 2026 are Rs. 9,357 Crore, all of which are listed unsecured NCDs. 7 Pursuant to the Scheme of Arrangement (“Scheme”), the Oil & Gas business undertaking of the Company (“VEDL” or “Demerged Undertaking”) held within VEDL as well as its direct subsidiary (Cairn Energy Hydrocarbons Limited - “CEHL”) (together referred as “Cairn”), was demerged into Vedanta Oil & Gas Limited (“VOGL”) as a going concern with effect from 1 May 2026 (the 'Appointed Date”), as further detailed in Note 4. Subsequent to the quarter ended 30 June 2026, the Ministry of Petroleum and Natural Gas (MoPNG) has provided its no-objection/approval on 24 July 2026 in relation to the assignment of participating interests and operatorship pertaining to the oil and gas blocks transferred to VOGL. In accordance with Clause 34 of the Scheme, pending receipt of the consent of the MoPNG for the transfer of participating interests under the relevant production sharing contracts and revenue sharing contracts, VEDL held the relevant letters of intent, participating interests, production sharing contracts, revenue sharing contracts and joint operating agreements together with related assets, rights, interests, liabilities and obligations, both present and future, and conducted the related business and operations, in trust for and on behalf of VOGL from the Appointed Date. Nonetheless, the economic interest and obligations in such arrangements vested in VOGL from the Appointed Date. Accordingly, the financial results and operations of Cairn for the period from 1 April 2026 to 30 April 2026 are included in these results for the quarter ended 30 June 2026 8 "(a) During the previous financial year, a short seller had published reports alleging certain matters against some of the Vedanta Group entities including the Company. Based on management assessment, legal advice obtained and involvement of external experts management continues to believe, that these allegations are baseless and the related transactions have appropriate commercial substance, duly approved through necessary processes and that the Group remains compliant with contractual obligations and applicable laws and regulations. Accordingly, no adjustments were considered necessary in consolidated financial results of the Group. Information sought by regulators/authorities have been duly provided by the Group. In relation to one of the Subsidiary, Hindustan Zinc Limited, during the current quarter, SEBI communicated its observations on related party transactions. These observations pertained to approvals and disclosure aspects and did not result in any financial penalty, restriction, or sanction on the Subsidiary. In accordance with SEBI’s directions, corrective measures have been taken and presented to the Audit & Risk Management Committee and the Board of Directors of the Subsidiary. The Committee and the Board of the Subsidiary have reviewed these measures and expressed satisfaction with the actions taken to address SEBI’s observations. (b) Further, the Enforcement Directorate (""ED"") conducted a search and seizure operation under the Foreign Exchange Management Act, 1999, at the premises of the Company and one of its subsidiary from 1 June 2026 to 3 June 2026. During the course of the proceedings, the ED sought information, records and documents of the Group. The Group extended full cooperation to the ED officials and provided the information and documentation sought by them. The Group has not received any further communication from ED in this regard." 9 The figures have been rounded off to the nearest crore of rupees. The figure '0' wherever stated represents value less than Rs. 1 Crore. By Order of Board Place: Udaipur Arun Misra Date: 30 July 2026 "Executive Director " (Whole-Time Director)

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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. 861 Crore for the quarter ended 30 June 2026. i) Earnings before interest, depreciation, tax and exceptional items ('EBITDA') is a non- GAAP measure. ii) Includes cost of exploration wells written off in Oil & Gas segment of Rs. 8 Crore, Rs. 161 Crore, Rs. 757 Crore and Rs. 1,252 Crore for the quarters ended 30 June 2026, 31 March 2026, 30 June 2025 and year ended 31 March 2026, respectively and amortisation of duty benefits relating to assets recognised as government grant. The continuing business segments are: (a) Zinc, Lead and Silver - India, which consists of mining of ore, manufacturing of zinc and lead ingots and silver, both from own mining and purchased concentrate. Additional intra segment information of revenues for the Zinc & Lead and Silver segment have been provided to enhance understanding of segment business; (b) Zinc - International, which consists of exploration, mining, treatment and production of zinc, lead, copper and associated mineral concentrates for sale; (c) Copper, which consist of mining of copper concentrate, manufacturing of copper cathode, continuous cast copper rod, anode slime from purchased concentrate and blister, and manufacturing of precious metal from anode slime, sulphuric acid and phosphoric acid; and (d) Other business segment under continuing operations comprises port/berth, glass substrate, nickel, power cables, ferroy alloys and wind power plants and a power plant situated at Mettur Dam in the State of Tamil Nadu in southern India but excluding captive power. The discontinued business segments are: (e) Oil & Gas, which consists of exploration, development and production of oil and gas; (f) Aluminium, which consist of mining of bauxite and manufacturing of alumina and various aluminium products; (g) Iron ore, which consists of mining of ore and manufacturing of pig iron and metallurgical coke; (h) Power, includes thermal power facilities predominantly engaged in generation and sale of commercial power but excluding captive power ; and (i) Other business segment under discontinued operations comprises steel and cement. The assets and liabilities that cannot be allocated between the segments are shown as unallocated assets and liabilities, respectively.

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M S K A & Associates LLP

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2027-07-31