Stock Report

Vedanta Limited Reports Record Production for FY26: Aluminum and Zinc Lead the Way

Posted On : 2026-04-04 19:54:01( TIMEZONE : IST )

Vedanta Limited (NSE: VEDL; BSE: 500295) has released its production numbers for the fourth quarter and the full financial year ended March 31, 2026. The company achieved historic highs in its Aluminum and Zinc verticals, driven by operational efficiencies and capacity ramp-ups.

Vertical Performance Highlights

1. Aluminum: Breaking Annual Records

Vedanta achieved its highest-ever annual production in both Alumina and Aluminum.

Alumina (Lanjigarh): Annual production surged 48% YoY to 2,916 kt. The refinery hit an exit run rate of 4 MTPA (Million Tonnes Per Annum).

Aluminum: Total annual production reached a record 2,456 kt, up 1% YoY, primarily through improved operational efficiency at the Jharsuguda and BALCO smelters.

2. Zinc India (Hindustan Zinc): Record Mined Metal

Zinc India delivered its best-ever quarterly and annual performance.

Mined Metal: Annual production rose to 1,114 kt (+2% YoY), driven by higher ore production and better grades.

Refined Zinc: Full-year production hit a record 851 kt (+3% YoY) following successful debottlenecking projects.

Silver: Q4 production increased 11% compared to the previous quarter, totaling 627 tonnes for the full year.

3. Oil & Gas: Navigating Regulatory Challenges

Average Production: The average daily gross operated production for FY26 was 87.2 kboepd (thousand barrels of oil equivalent per day), a 16% decline YoY.

Legal Update: Regarding the Cambay block, Vedanta is currently operating under a status quo order from the Delhi High Court following a dispute over the extension of the Production Sharing Contract (PSC).

4. Iron Ore, Steel, and Ferro Chrome

Iron Ore: Annual saleable ore production rose 5% to 6.5 million tonnes, with a significant ramp-up in Goa (+62% YoY).

Ferro Chrome (FACOR): Achieved record annual production of 101 kt, a 21% YoY increase, supported by the restart of the Kalarangiatta mines.

Pig Iron: Annual production reached a record 895 kt, up 10% YoY.

5. Power: Strong Growth in Sales

Total power sales for the year increased 14% to 18,571 million units. A major contributor was the Athena 600 MW plant, which achieved a high Plant Load Factor (PLF) of 88% in Q4 following the start of commercial operations in July 2025.

Shares of Vedanta Limited was last trading in BSE at Rs. 687.80 as compared to the previous close of Rs. 677.40. The total number of shares traded during the day was 1049817 in over 21477 trades.

The stock hit an intraday high of Rs. 689.70 and intraday low of 653.00. The net turnover during the day was Rs. 705186261.00.