Vedanta Aluminium Metal Limited’s profit attributable to owners rose 118% to ₹51.67 billion in July-September, while output set a quarterly record and its aluminium LME price metric increased year over year.
Consolidated profit after tax was ₹61.87 billion, compared with ₹30.12 billion a year earlier. The company’s earnings release reported revenue of ₹220.66 billion, up 41%, and attributed the increase to higher sales volumes and an improved marketing mix. The financial statement lists ₹2.58 billion in other operating income, bringing total revenue from operations to ₹223.24 billion, roughly 40% above the year-earlier period.
The filing says the 2025 comparison includes the demerged aluminium business, using figures from Vedanta Limited’s books. BALCO’s prior-year results were also recast as if its acquisition had taken effect April 1, 2025. The demerger of Vedanta Limited’s Aluminium Division into Vedanta Aluminium Metal took effect May 1, 2026.
The company’s presentation lists its aluminium LME price metric at $3,226 per metric ton, up 23% from a year earlier and down 10% from Q1 FY27. Reuters cited supply disruptions in the Middle East and strong demand worldwide as factors supporting aluminium prices.
Aluminium production totaled 649,000 metric tons, up 5% year over year and 3% from the June quarter. Value-added aluminium production rose 31% to 432,000 metric tons, while alumina output increased 37% to 895,000 metric tons.
Earnings before interest, taxes, depreciation and amortization (EBITDA) grew 83% year over year to ₹101.92 billion, but fell 3% from the previous quarter. The EBITDA margin was 46%, compared with 50% in Q1 FY27. Net debt declined ₹30.90 billion during the quarter to ₹264.42 billion as of Sept. 30, and the net debt-to-EBITDA ratio improved to 0.7 times from 0.9 times in Q1 FY27.
For Q3 FY27, the company targets alumina production above 1 million metric tons. It also aims for domestic bauxite to exceed 90% of its mix by the end of FY27, compared with 37% in Q2 FY27.
