**Vedanta Reports Strong Q3 Results with 70% YoY Profit Surge**
On January 31, Anil Agarwal-led Vedanta announced impressive financial results for the December quarter (Q3FY25), showcasing a remarkable 70% year-on-year increase in consolidated net profit, reaching ₹4,876 crore compared to ₹2,868 crore in the same period last year. The company’s revenue from operations also saw a significant rise of 10.2% year-on-year, totaling ₹38,526 crore, up from ₹34,968 crore in the corresponding quarter of the previous financial year.
In its exchange filing, Vedanta highlighted that it achieved its highest-ever third-quarter EBITDA of ₹11,284 crore, marking a 30% increase year-on-year. This growth in EBITDA was attributed to effective cost-saving measures implemented across various business segments and favorable commodity prices, although it was partially tempered by inflation in input commodity costs. The EBITDA margin for the quarter improved to 34%, reflecting a rise of 517 basis points year-on-year.
The company’s net debt stood at ₹57,358 crore, with the net debt to EBITDA ratio decreasing to 1.4 times in Q3FY25, down from 1.7 times in Q3FY24. Additionally, Vedanta reported a 66% year-on-year increase in cash and cash equivalents, driven by robust free cash flow (pre-capex) of ₹6,766 crore.
