Vedanta FY26 Profit Soars by 22% to $2.8 bn; Enters Demerger Phase


Vedanta reported its highest-ever annual revenue of about $20 bn, up 15% YoY, with Q4 revenue at $5.6 bn, an increase of nearly 30% YoY. The Company maintained strong cost leadership, contributing to record EBITDA of $6.3 bn for FY26, up by about 30% YoY, with margins expanding to around 40%. Q4 EBITDA stood at $2.0 bn, up by nearly 60% YoY, with a margin of approximately 44%. The balance sheet strengthened further, with Net Debt/EBITDA improving to 0.95x, supported by strong cash generation.



Source link

  • Related Posts

    Canada could lose more than 100K jobs if CUSMA dies: report

    OTTAWA — Canada could lose 102,000 jobs if the Canada-U.S.-Mexico agreement on trade breaks down, a new report warns. Source link

    Family of NYC fashion designer found dead on Montauk boat to file wrongful death lawsuit

    The family of a New York City fashion designer found dead on a boat in the Hamptons last year is preparing to file a wrongful death lawsuit against the man…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    OpenAI launches ChatGPT desktop app for Linux

    OpenAI launches ChatGPT desktop app for Linux

    Delta Air Lines Investigating Hoax WiFi Network On Las Vegas Flight After Hacking Conference

    Delta Air Lines Investigating Hoax WiFi Network On Las Vegas Flight After Hacking Conference

    Canada Gazette – Part I, May 4, 2024, volume 158, number 18

    Canada could lose more than 100K jobs if CUSMA dies: report

    Canada could lose more than 100K jobs if CUSMA dies: report

    Tim Hortons employee involved in fight with 75-year-old customer won’t face charges for her death

    Vikings name Kyler Murray starting QB over J.J. McCarthy

    Vikings name Kyler Murray starting QB over J.J. McCarthy