Vedanta Q4 Results Preview: Aluminium To See Weakness

Vedanta's net profit is expected to rise 2.6% quarter on quarter

Vedanta's Q4 revenue may rise 2.7% to Rs 39,593 crore. (Photo source: Company website)

Consensus estimates by analysts project Vedanta Ltd. to post a muted set of earnings in the fourth quarter of financial year 2025.

The diversified commodity based company's net profit is expected to rise 2.6% quarter on quarter to Rs 3,456 crore versus the Rs 3,456 crore bottom line reported by the company in the previous quarter.

Vedanta Q4 FY25 Expected Results (Consolidated, QoQ)

  • Revenue may rise 2.7% to Rs 39,593 crore versus Rs 38,526 crore.

  • Ebitda may rise 11.3% to Rs 12,356 crore versus Rs 11,104 crore.

  • Margins may expand 240 basis points to 31.2% vs 28.8%.

  • Net profit may rise 2.6% to Rs 3,456 crore versus Rs 3,547 crore.

Factors To Impact Earnings

While consensus estimates may be skewed to Vedanta posting a rise in Ebitda in fourth quarter due to Hindustan Zinc's strong numbers, brokerages like Emkay, Nuvama and Kotak Securities expect weakness in the company's aluminium segment.

Aluminium prices were a mixed bag in the fourth quarter of FY25. Nuvama states that higher input costs are likely to increase Vedanta's aluminium cost of production by 5% sequentially, and thereby impact Ebitda. The higher input costs are due to lower captive alumina production which led to the company sourcing alumina externally.

Kotak states that the company's oil and gas business is likely to see a 3.2% quarter-on-quarter Ebitda fall due to lower volumes.

Also Read: Vedanta Group Firms Enter Into Facility Agreement For Rs 4,514 Crore

Key Things To Watch Out For:

  • Commentary on the demerger.

  • Progress on company's efforts in improving oil production.

  • Update on deleveraging process.

  • Updates on expansion plans.

  • Guidance for FY25.

Also Read: Vedanta Clarifies: No New News Regarding Rs 50,000-Crore Investment In Assam

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WRITTEN BY
Mihika Barve
Mihika Barve is a NISM Certified Research Analyst at NDTV Profit actively t... more
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