New Delhi : Vedanta Aluminium Metal Limited has delivered a strong financial debut as an independent listed entity, reporting a Profit After Tax (PAT) of ₹6,597 crore for the first quarter of FY2026-27 (Q1 FY27) ended June 30, 2026. The company also achieved its highest-ever quarterly revenue, underscoring a robust start following its demerger from Vedanta Limited.
According to the company’s regulatory filing with the stock exchanges, the record financial performance was driven by higher production volumes, improved realizations, cost efficiencies, and continued focus on value-added products.
Record Revenue and Profit Mark Strong Debut
For the quarter ended June 30, 2026, Vedanta Aluminium Metal Ltd reported:
| Financial Metric | Q1 FY27 | Growth |
|---|---|---|
| Revenue | ₹21,105 crore | **▲ 13% QoQ |
| EBITDA | ₹10,499 crore | **▲ 24% QoQ |
| EBITDA Margin | 50% | Highest Ever |
| Profit After Tax (PAT) | ₹6,597 crore | Record Quarterly Profit |
The company stated that this marks the highest quarterly revenue in its history, reflecting strong operational execution and favorable market conditions.
First Quarterly Results After Demerger
This is the first quarterly earnings report released by Vedanta Aluminium Metal Ltd since becoming an independent listed company.
The company was listed on the stock exchanges on June 15, 2026, following the demerger of Vedanta Limited into four separate businesses:
- Vedanta Aluminium Metal Limited
- Vedanta Power Limited
- Vedanta Oil & Gas Limited
- Vedanta Iron & Steel Limited
The restructuring aims to enable each business to pursue independent growth strategies while enhancing operational focus and shareholder value.
Operational Performance Reaches New Highs
The company reported record production across key business segments during the quarter.
Aluminium Production
- 632 kilotonnes (KT)
- ▲ 3% Quarter-on-Quarter (QoQ)
- ▲ 5% Year-on-Year (YoY)
- Highest-ever quarterly production
Value-Added Products (VAP)
Production reached a record:
- 389 KT
- ▲ 4% QoQ
- ▲ 14% YoY
The growth in value-added products reflects the company’s strategy of increasing the share of premium aluminium products across domestic and global markets.
Alumina Production
The company also reported significant growth in alumina production:
- 826 KT
- ▲ 41% YoY
The increase was attributed to enhanced refining capacity and improved utilization of production assets.
Balance Sheet Strengthens Through Deleveraging
Vedanta Aluminium further improved its financial position during the quarter by reducing debt.
The company’s Net Debt-to-EBITDA ratio improved from:
- 1.3x in Q4 FY26
- to 0.9x in Q1 FY27
The stronger balance sheet provides greater financial flexibility to pursue future expansion projects and strategic investments.
Credit Rating Upgraded
Reflecting its improved financial profile, Vedanta Aluminium Metal Ltd received a credit rating upgrade from two leading rating agencies.
The company was upgraded to:
- AA+ (Stable) by CRISIL
- AA+ (Stable) by ICRA
The upgraded ratings highlight the company’s stronger earnings profile, lower leverage, and improved creditworthiness.
Leadership Commentary
Commenting on the company’s first quarterly performance as an independent entity, Rajesh Kumar, Whole-Time Director & CEO, said the results demonstrate the success of the company’s strategy focused on operational resilience, disciplined execution, and long-term value creation.
He noted that despite an increasingly dynamic global geopolitical environment, the company continues to strengthen its competitive position through:
- Resource security
- Operational integration
- Expansion of value-added products
- Cost leadership
- Sustainable growth initiatives
According to him, these strategic priorities are helping build a future-ready and globally competitive aluminium business.
Strong Financial Foundation for Future Growth
Chief Financial Officer (CFO) Anup Agarwal described the quarter as a strong beginning for the independent company.
He stated that record revenue, EBITDA, and profit, coupled with an improved balance sheet and stronger credit profile, provide the financial flexibility needed to support the company’s long-term growth ambitions.
He added that Vedanta Aluminium is well-positioned to meet rising aluminium demand from sectors such as:
- Energy transition
- Infrastructure
- Transportation
- Packaging
- Advanced manufacturing
through its integrated value chain and expanding portfolio of value-added products.
India’s Largest Aluminium Producer
As India’s largest aluminium producer, Vedanta Aluminium continues to strengthen its integrated business model by enhancing raw material security and improving operational efficiencies.
The company aims to build one of the world’s most competitive and fully integrated aluminium businesses while supporting India’s growing demand for sustainable and high-quality aluminium products.
Key Highlights
- Vedanta Aluminium Metal Ltd reported a record Profit After Tax (PAT) of ₹6,597 crore in Q1 FY27, its first quarter as an independent demerged company.
- Revenue reached an all-time high of ₹21,105 crore, rising 13% QoQ and 45% YoY.
- EBITDA surged to a record ₹10,499 crore, while the EBITDA margin touched a historic 50%.
- The company reported record aluminium production of 632 KT, value-added products production of 389 KT, and alumina production of 826 KT.
- Net Debt-to-EBITDA improved to 0.9x, strengthening the company’s balance sheet.
- CRISIL and ICRA upgraded the company’s credit rating to AA+ (Stable).
- The results mark the company’s first quarterly earnings since its listing following the June 2026 demerger.
- Management attributed the strong performance to higher production, better realizations, cost efficiencies, and continued focus on value-added aluminium products.
Source: Official regulatory filing and company statement issued by Vedanta Aluminium Metal Limited on July 30, 2026, regarding its Q1 FY27 financial results and operational performance following its demerger and independent listing.
