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Vineet Saxena

6th Jan ¡ SEBI-Registered Analyst

VEDL
upside momentum is backed by strong fundamentals📊

Vedanta

VEDL
delivered a mixed but broadly stable operational performance in Q3 FY26, with steady growth across aluminium, zinc, iron ore, and power segments, partly offset by a marginal decline in finished steel output. Strong gains in zinc—both domestic and international—and a sharp rise in power sales highlight operational resilience and diversification across commodities. ✅Aluminium output up 1% YoY to 620 kt; steady volume growth ✅Zinc mined metal strong: Domestic +4% to 276 kt, International +28% to 59 kt ✅Iron ore production rose 3% YoY to 1.6 mt; power sales surged 40% to 4,530 MU ✅Finished steel dipped 1% YoY to 325 kt, a minor drag on overall performance Overall, Vedanta’s diversified resource portfolio continues to provide volume stability and earnings support despite segment-wise fluctuations.

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