Consolidated revenue rose 37% YoY to Rs 23,369 crore, driven by higher LME prices, improved volumes, stronger premiums, and forex gains.
Vedanta delivered a strong operational performance in the December quarter, with profitability driven by higher metal prices, improved premiums, cost efficiencies and better volumes across most businesses.
The company said EBITDA rose 34% YoY and 31% sequentially to Rs 15,171 crore, marking its highest-ever quarterly EBITDA. EBITDA margin expanded sharply to 41%, up 629 basis points YoY and 512 basis points quarter-on-quarter (QoQ), making it the second-highest margin reported by the company to date.
The improvement in operating performance translated into stronger capital efficiency, with return on capital employed at 27%, up 296 basis points from a year ago, reflecting higher earnings and disciplined capital deployment.
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Net debt declined to Rs 60,624 crore, taking the net debt-to-EBITDA ratio to 1.23 times, compared with 1.40 times in the year-ago quarter.
Operationally, the aluminium business delivered a standout quarter. Alumina production hit a record 794 kilo tonnes, up 57% YoY and 22% QoQ, while cast metal aluminium production stood at 620 kilo tonnes, marginally higher year-on-year.