VEDL

Financial Revival Gets Global Validation

Resources received a major credibility boost after S&P Global upgraded its credit rating to ‘BB’ from ‘B+’, citing stronger finances, improving cash flows, proactive refinancing, and continued deleveraging following the group’s demerger. The rating agency also highlighted improving profitability in the aluminium business, better cost efficiency, and stronger liquidity, signaling rising confidence in Vedanta’s balance sheet and long-term financial stability.