Vedanta Aluminium profit doubles to INR 6,187 crore

Vedanta Aluminium Metal Limited said profit after tax more than doubled to INR 6,187 crore in Q2FY27, as revenue and production rose.

The Indian aluminium producer said unaudited revenue for the quarter ended September 30, 2026, was INR 22,066 crore, up 41% from a year earlier. It reported EBITDA of INR 10,192 crore, up 83%, with an EBITDA margin of about 46%.

The company said profit after tax rose 105% year on year to INR 6,187 crore. Net debt fell by INR 3,090 crore from the previous quarter, and its net debt-to-EBITDA ratio improved to 0.7x from 0.9x in Q1FY27.

Vedanta Aluminium said quarterly aluminium production reached a record 649 KT, up 5% year on year and 3% from the previous quarter. It reported value-added production of 432 KT, up 31% year on year, and alumina production of 895 KT, up 37% year on year.

The company said India Ratings upgraded its credit rating to AA+ with a stable outlook, while ICRA and CRISIL reaffirmed ratings.

Chief executive Rajesh Kumar said the quarter reflected progress in scaling the business and cited the operationalisation of the second zone of BALCO's expansion and progress on bauxite resources. Chief financial officer Anup Agarwal said cash generation and capital management helped reduce net debt.