【SMM Aluminum Flash News】Vedanta's net profit in the first quarter of the fiscal year 2026 has declined.

Published: Aug 5, 2025 09:29

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Vedanta released its performance report for the first quarter of fiscal year 2026 (April-June 2025), showing that despite strong local demand, the company's quarterly profits fell short of expectations due to the impacts of declining aluminum and copper prices and increasing tax expenditures. The benchmark three-month aluminum and copper prices dropped by 4% and 4.1% year-on-year, respectively, due to geopolitical tensions and uncertainties in U.S. trade policy. The decline in commodity prices often affects the sales prices and profits of mining companies. In the first quarter of fiscal year 2026, the company's total revenue increased by 6.2% year-on-year to 374.34 billion rupees (USD 4.3 billion), mainly benefiting from increased revenues from aluminum and copper, which grew by 7.7% and 34.6% respectively. However, the company's consolidated net profit for the first quarter of fiscal year 2026 declined by 11.7% year-on-year to 31.85 billion rupees, compared to 36.06 billion rupees in the same period of the previous fiscal year. According to data compiled by the London Stock Exchange Group (LSEG), analysts' average profit expectation for Vedanta was 34.83 billion rupees. In the first quarter of fiscal year 2026, the company's EBITDA grew by approximately 2% to 60.53 billion rupees, while tax expenditures surged from 8.31 billion rupees a year earlier to 15.96 billion rupees. In the first quarter of fiscal year 2026, Vedanta's operating profit margin remained unchanged at 21%.

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