Vedanta Q1 Results: Profit Declines 9%, Revenue Down 6.5%

Vedanta Ltd.'s profit in the first quarter of the financial year 2026 fell 8.6% quarter-on-quarter.

The metal producer's consolidated bottom line stood at Rs 3,185 crore compared to Rs 3,483 crore in the quarter ended March, according to an exchange filing on Thursday.

• Revenue down 6.5% at Rs 37,824 crore versus Rs 40,455 crore.

• Ebitda down 13.5% at Rs 9,918 crore versus Rs 11,466 crore.

• Margin at 26.2% versus 28.3%.

• Net profit down 8.6% at Rs 3,185 crore versus Rs 3,483 crore.

Vedanta shares fell as much as 2.17% to Rs 425.15 apiece, the lowest level since July 9. It pared losses to trade 2% lower at Rs 425.6 apiece, as of 3:15 p.m. This compares to a 0.41% decline in the NSE Nifty 50 Index. The share price has fallen 20.75% on a year-to-date basis and 32.7% in the last 12 months.

Out of the 16 analysts tracking the company, 11 maintain a 'buy' rating, four recommend a 'hold,' and one suggests 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 21.2%