Vedanta Aluminium Metal Declines 0.6% After Doubling Profit

Mumbai, October 29: Vedanta Aluminium Metal Limited shares were trading at ₹357.05 on Thursday, down 0.60% from the previous close, after the company reported a 105% year-on-year jump in Q2 FY27 profit after tax (PAT) to ₹6,187 crore. Revenue increased 41% to ₹22,066 crore, while EBITDA rose 83% to ₹10,192 crore.

Vedanta Aluminium Q2 FY27 Financial Performance

The company attributed its revenue growth to higher volumes and an improved marketing mix. Its EBITDA margin reached 46%, compared with 36% in the year-ago quarter.

For the first half of FY27, revenue climbed 43% year-on-year to ₹43,171 crore, while EBITDA increased to ₹20,691 crore from ₹10,062 crore. Half-yearly profit after tax stood at ₹12,784 crore, compared with ₹5,174 crore in the corresponding period last year.

Vedanta Aluminium also reduced net debt by ₹3,090 crore quarter-on-quarter, improving its net debt-to-EBITDA ratio to 0.7x from 0.9x in Q1 FY27. India Ratings upgraded the company’s credit rating to AA+ (Stable), while ICRA and CRISIL reaffirmed their ratings.

Operational Highlights

Quarterly aluminium production reached a record 649 KT, up 5% year-on-year. Value-added aluminium production rose 31% to a record 432 KT, while alumina production reached a quarterly high of 895 KT, up 37% year-on-year.

The company also operationalised the second zone of BALCO’s 435 KTPA expansion and obtained Consent to Operate for the Sijimali Bauxite Block.

Stock Market Snapshot

The Vedanta Aluminium share price was trading 0.60% lower at ₹357.05 on Thursday, October 29, compared with the previous close of ₹359.20. The stock opened at ₹364.10.

The shares were lower during morning trade despite the company’s strong earnings growth. The price movement alone does not establish a direct link to the results announcement.

About Vedanta Aluminium Metal Limited

Vedanta Aluminium Metal Limited is a major aluminium producer in India, with operations spanning aluminium production, alumina refining and related value-added products.

Conclusion

Vedanta Aluminium reported substantial year-on-year growth in Q2 FY27 profit and EBITDA, alongside record production and lower net debt. Investors will continue to track aluminium prices, operating costs and the company’s expansion plans.

Source:

• https://www.nseindia.com/get-quote/equity/VAML/Vedanta-Aluminium-Metal-Limited
• https://nsearchives.nseindia.com/corporate/VAML_28102026152236_3VAMLSEIntimationOutcomeofBMOctober282026PressReleaseandIRPPT.pdf