Vedanta Q2 Results: EBITDA More Than Doubles! What’s Driving The Record Performance? | Business News
ET Now · 29 Oct 2026 · 6 min
Management interview of Vedanta Ltd (VEDL), with 4 key numbers discussed.
- Ajay Goel, CFO, Vedanta Limited
- Arun Mishra, ED, Vedanta Limited
Vedanta achieved its best-ever Q2 performance across revenue, EBITDA, PAT, and cash flows, with EBITDA more than doubling year-on-year. Growth was driven by macro tailwinds, record operating volumes, cost reductions, and a shift toward value-added products. Management targets consolidated net debt-zero status in Q3. Growth capex is guided at Rs 6,500 cr for FY27 and around Rs 10,000 cr for FY28. Hindustan Zinc's ongoing expansion projects remain fully self-funded from its own earnings.