Vedanta Limited (VEDL.NS) announced its fourth-quarter financial results, reporting profit after tax of INR 9,352 crore, up from INR 4,961 crore in the previous year, driven by strong operational performance across the portfolio.
Profit before tax stood at INR 15,529 crore compared to INR 6,656 crore in the prior year.
Revenue from operations surged 29% to INR 51,524 crore from last year's INR 39,789 crore, driven by higher LME, volumes, premium, and forex gain.
EBITDA for the quarter amounted to INR 18,447 crore, up 59% from INR 11,618 crore in the earlier year.
Concurrently, the company announced that the de-merger will be effective from May 1, 2026. Under this move, its business units will turn into six separate listed companies, providing each independent entity freedom to grow to its potential and true value via independent management, capital allocation and niche strategies for growth.
Following this, the company's stock is tumbling 64.70 percent or INR 500.60, to INR 273.00 on the National Stock Exchange. It has traded between INR 268.70 and INR 795.00 in the past one year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.