Vedanta Q3FY25 Results: Net profit surges 77% to Rs 3,547 crore, EBITDA at record high

Vedanta Ltd reported a strong financial performance for Q3FY25, with net profit soaring 77 per cent year-on-year (YoY) to Rs 3,547 crore, compared to Rs 2,013 crore in Q3FY24. The company’s revenue grew 10 per cent YoY to Rs 38,526 crore, reflecting sustained growth across its key business segments.

EBITDA at all-time high for Q3

Vedanta delivered its highest-ever third-quarter EBITDA of Rs 11,284 crore, marking a 30 per cent YoY growth. The EBITDA margin expanded 517 basis points to 34 per cent, driven by cost efficiencies, operational ramp-ups, and favourable commodity prices. The Aluminium segment led the growth, posting a 58 per cent YoY rise in EBITDA, while the Zinc India business reported a 28 per cent YoY increase.

Add Zee Business as a Preferred Source

Balance sheet improvement and credit rating upgrade

Vedanta reported a net debt of Rs 57,358 crore, with a net debt-to-EBITDA ratio improving to 1.4x from 1.7x in the year-ago period. The company’s strong financial performance led to a credit rating upgrade from CRISIL, which raised Vedanta’s long-term rating from AA- to AA with a developing outlook.

Ajay Goel, CFO of Vedanta, highlighted that the company’s robust earnings and financial discipline have significantly strengthened its balance sheet. "This quarter marks a stellar performance, with the highest Q3 EBITDA and a PAT of Rs 4,876 crore, reflecting 70 per cent YoY growth. The recent credit rating upgrade further reinforces investor confidence in our long-term strategy," he said.

Demerger process progressing as planned

Vedanta also provided an update on its planned demerger, which aims to create focused entities for different business verticals. The company announced that the shareholders’ and creditors’ meeting is scheduled for February 2025, marking a key step in the restructuring process.

Stock performance and outlook

Shares of Vedanta rose over 2 per cent to Rs 441 on the BSE following the strong Q3 results. The management remains optimistic about continued outperformance in the coming quarters, backed by cost optimization, production expansion, and strategic business integration.

With improving financials, a strengthened balance sheet, and a structured growth roadmap, Vedanta is well-positioned for sustained profitability and value creation in the long run.