Signal Desk · Companies

Vedanta reports 6% revenue growth and ₹746 crore profit

2026-10-29 · 1 source · Mint Companies

In short

Vedanta said its Q2 revenue rose 6% year on year to ₹2,488 crore. Profit attributable to shareholders was ₹746 crore, compared with a loss of ₹91 crore a year earlier.

This matters because the metals and oil units improved, while steel and power lagged. The reporting does not say what drove the stronger profit or how each business performed in detail.

What the reporting says

Vedanta’s metals and oil businesses posted strong Q2 results, with revenue rising 6% year-on-year to ₹2,488 crore and profit attributable to shareholders at ₹746 crore versus a ₹91 crore loss a year earlier. The publisher summary says steel and power lagged. The reporting does not give segment-by-segment numbers or explain the turnaround.

Why it matters

Vedanta reported stronger Q2 performance in its metals and oil businesses, with revenue up 6% year-on-year to ₹2,488 crore and profit attributable to shareholders at ₹746 crore, reversing a ₹91 crore loss a year earlier. The note also says steel and power lagged, indicating uneven segment performance. The reporting does not disclose the exact contribution of each division or the reason for the profit swing.

Touches: Vedanta, Companies, Markets, Energy, Commodities

Sources