VEDL posted a stellar Q1 FY27. Revenue jumped 51% YoY to ₹23,456 Cr, with Profit After Tax (PAT) soaring 152% YoY to ₹5,294 Cr. EBITDA hit ₹8,469 Cr, up 98% YoY, reflecting strong operational performance across key businesses.
Growth came from Zinc India's record Q1 mined metal (268 kt) and lowest cost of production, alongside FACOR's highest-ever ore production. The company is strategically expanding, with Gamsberg Phase 2 97.5% complete, targeting ore charging by August 2026.
Recent highlights include VEDL's credit rating upgrade to AA+/Stable by ICRA and CRISIL. The demerger also unlocked significant value, with the combined market cap of new entities up over ₹71,000 Cr. Net Debt/EBITDA stands at a healthy 0.30x, backed by ₹19,992 Cr in cash.
Management emphasized robust performance across segments, focusing on volume growth, cost efficiency, and value creation, with strong demand visibility.