Vedanta Ltd reported a 11.7% year-on-year (YoY) decline in consolidated net profit at ₹3,185 crore for the quarter ended June 30, 2025 (Q1FY26), compared to ₹3,606 crore in the same period last year. The decline in profit comes despite a rise in revenue and total income.

The company’s revenue from operations rose 5.8% YoY to ₹37,824 crore, up from ₹35,764 crore in the year-ago quarter, driven by stable performance across its key business verticals. Total income also increased 5.7% YoY to ₹38,809 crore, as per the company’s regulatory filing to the BSE.

However, total expenses surged to ₹32,756 crore in Q1FY26, up from ₹30,772 crore a year earlier, weighing on the bottom line. EBITDA for the quarter stood nearly flat at ₹9,918 crore, while the EBITDA margin declined to 26.20% from 27.80% a year ago, indicating cost pressures.

Vedanta, a subsidiary of Vedanta Resources Ltd, is a diversified natural resources major with global operations spanning oil & gas, zinc, silver, copper, iron ore, and steel. It operates across India, South Africa, Namibia, UAE, Korea, Japan, and other regions.

On the stock market, shares of Vedanta were trading under pressure, down 1.88% to ₹426.45 on the NSE around 3 p.m., as investors reacted to the mixed earnings performance.

While revenue growth signals operational resilience, the profit decline and margin compression suggest near-term challenges amid rising costs and commodity price volatility.