Mumbai: In a superb debut performance as an independent entity, Vedanta Aluminium Metal Ltd (VAML) reported a 33.8 per cent quarter-on-quarter rise in net profit.
The company’s net profit for the first quarter of FY27 was Rs 5,629 crore, as against Rs 4,207 crore in the preceding quarter, driven by increased volumes and realisations.
The company’s board also approved a first interim dividend of Rs 8 per equity share for FY27.
Shares of VAML were trading at Rs 439.75 on Thursday afternoon, up 0.03 percent for the day after recovering from the session’s lows.
Consolidated revenue from operations increased 11.9 per cent – from Rs 19,124 crore to Rs 21,393 crore.
Following the completion of Vedanta Ltd’s four-way demerger, VAML was listed on the BSE and NSE on June 15.
The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose 23.3 per cent quarter-on-quarter to Rs 10,299 crore, against Rs 8,352 crore in previous quarter. EBITDA margin expanded to 48.14 per cent from 43.68 per cent in the previous quarter.
Aluminium production reached an all-time high of 632 KT, an increase of 3% QoQ and 5% YoY, while value-added products (VAP) production achieved a best-ever figure of 389 KT, up 4% QoQ and 14% YoY.
Vedanta Aluminium received a credit rating upgrade to AA+ (Stable) from CRISIL and ICRA, reflecting the company’s sustained performance.
“In an increasingly dynamic geopolitical environment, our strategic focus on resource security, operational integration, and value-added products continues to strengthen our competitive position while enhancing our ability to deliver sustainable growth. Through this effort, we are systematically building a future-ready enterprise by creating enduring value for stakeholders, strengthening cost leadership, and shaping a globally competitive aluminium business,” Rajesh Kumar, Whole-Time Director & CEO, Vedanta Aluminium, said.
