Vedanta Ltd
Vedanta Q2 Results 2026 (FY27): Capex ₹2,650 Cr
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
Based on Vedanta Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Quarterly Revenue: - ₹25,812 crore in 2Q FY27, up 57% YoY (Page 20, 5) - Sales Volumes: - Zinc India refined zinc: 214 kt, +6% YoY (Page 34) - Zinc India refined lead: 51 kt, +14% YoY (Page 34) - Zinc International zinc concentrate: 50 kt, -7% YoY (Page 34) - FACOR Ferrochrome: 24 kt, +23% YoY (Page 35) - Copper Cathodes (India): 46 kt, no prior year volume for direct YoY comparison (Page 35) - Copper Rods India: 46 kt, +3% YoY (Page 35) - Port dispatch volume: 1,739 MMT, +26% YoY (Page 35) - Port discharge volume: 1,827 MMT, +22% YoY (Page 35) - Outlook: - EBITDA for 2Q FY27: ₹9,938 crore, up 106% YoY (Page 20, 4, 21) - EBITDA Margin (ex-Copper business) for 2Q FY27: 60%, up 1055 bps YoY (Page 20, 4) - Profit After Tax (PAT) for 2Q FY27: ₹6,202 crore, u
From Vedanta Ltd's Q2 FY27 earnings-call transcript · updated 28 Oct 2026.
Revenue & Sales Performance
- Quarterly Revenue:
- ₹25,812 crore in 2Q FY27, up 57% YoY (Page 20, 5)
- Sales Volumes:
- Zinc India refined zinc: 214 kt, +6% YoY (Page 34)
- Zinc India refined lead: 51 kt, +14% YoY (Page 34)
- Zinc International zinc concentrate: 50 kt, -7% YoY (Page 34)
- FACOR Ferrochrome: 24 kt, +23% YoY (Page 35)
- Copper Cathodes (India): 46 kt, no prior year volume for direct YoY comparison (Page 35)
- Copper Rods India: 46 kt, +3% YoY (Page 35)
- Port dispatch volume: 1,739 MMT, +26% YoY (Page 35)
- Port discharge volume: 1,827 MMT, +22% YoY (Page 35)
2 more points from Vedanta Ltd's call on revenue
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Profitability & Margins
- EBITDA for 2Q FY27: ₹9,938 crore, up 106% YoY (Page 20, 4, 21)
- EBITDA Margin (ex-Copper business) for 2Q FY27: 60%, up 1055 bps YoY (Page 20, 4)
- Profit After Tax (PAT) for 2Q FY27: ₹6,202 crore, up 151% YoY (Page 20, 4)
2 more points from Vedanta Ltd's call on margins
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Capital Expenditure Plans
- Gamsberg Phase II Project (Zinc International):
- Approved Capex: $595 mn
- Spent up to FY26: $483 mn; 1H FY27 spend: $61 mn; Unspent: $51 mn
- 200 KTPA capacity added, total 500 KTPA
- Concentrator commissioned, stabilizing at 400 TPH throughput, 70% capacity
- Iron Ore Project:
- Approved Capex: $37 mn
- Spent up to FY26: $27 mn; 1H FY27 spend: $0.5 mn; Unspent: $9.5 mn
- Copper Rod Plant - KSA:
- Approved Capex: $31 mn
- Spent up to FY26: $7 mn; 1H FY27 spend: $12 mn; Unspent: $12 mn
- Zinc India Projects:
- Integrated Zinc Smelter, Debari: ₹12,000 crore approved, ₹621 crore spent till FY26, ₹772 crore spent 1H FY27, ₹10,607 crore unspent
- Tailing Reprocessing Plant, Rampura Agucha: ₹3,823 crore approved; ₹426 crore spent till FY26; ₹265 crore spent 1H FY27; ₹3,132 crore unspent
- Fertilizer Plant: ₹1,850 crore approved; ₹1,325 crore spent till FY26; ₹117 crore spent 1H FY27; ₹408 crore unspent
- FACOR Ferrochrome Capacity Expansion:
- Increase from 150 to 450 KTPA
2 more points from Vedanta Ltd's call on capex
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Top-ranked in Diversified Metals
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
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Vedanta Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹26.4K Cr, net profit ₹6.2K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Vedanta Ltd's management said in earlier quarters
- Q4 FY24 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q2 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
Potential multibaggers · Q2 FY27
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Vedanta Ltd Q2 FY27 results?
Quarterly Revenue: - ₹25,812 crore in 2Q FY27, up 57% YoY (Page 20, 5) - Sales Volumes: - Zinc India refined zinc: 214 kt, +6% YoY (Page 34) - Zinc India refined lead: 51 kt, +14% YoY (Page 34) - Zinc International zinc concentrate: 50 kt, -7% YoY (Page 34) - FACOR Ferrochrome: 24 kt, +23% YoY (Page 35) - Copper Cathodes (India): 46 kt, no prior year volume for direct YoY comparison (Page 35) - Copper Rods India: 46 kt, +3% YoY (Page 35) - Port dispatch volume: 1,739 MMT, +26% YoY (Page 35) - Port discharge volume: 1,827 MMT, +22% YoY (Page 35) - Outlook: - EBITDA for 2Q FY27: ₹9,938 crore, up 106% YoY (Page 20, 4, 21) - EBITDA Margin (ex-Copper business) for 2Q FY27: 60%, up 1055 bps YoY (Page 20, 4) - Profit After Tax (PAT) for 2Q FY27: ₹6,202 crore, u
What is Vedanta Ltd share price analysis?
Vedanta Ltd currently shows a neutral. The stock trades at a P/E of 8.0 with a market cap of ₹88,042 Cr. Investors should review the full earnings analysis for detailed insights.
Is Vedanta Ltd planning capital expenditure?
Gamsberg Phase II Project (Zinc International): - Approved Capex: $595 mn - Spent up to FY26: $483 mn; 1H FY27 spend: $61 mn; Unspent: $51 mn - 200 KTPA capacity added, total 500 KTPA - Concen
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.