【SMM Aluminum Flash News】Vedanta Aluminum Enters Growth Phase as Expansion Projects Boost Earnings Outlook

Published: Aug 3, 2026 16:35

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Vedanta Aluminum is entering a new growth phase as major expansion projects come online, shifting its focus from capital expenditure to production growth and profitability. Brokerages including ICICI Securities, CLSA and Citi remain bullish, expecting aluminum output to grow at around 9% annually through FY28, supported by the BALCO expansion and a higher share of value-added products. In Q1 FY27, the company reported EBITDA of INR 102 billion, up 135% YoY, while net profit more than tripled to INR 56.29 billion. Vedanta also declared its first interim dividend of INR 8 per share for FY27.

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