Arthneeti
All Q3 FY25 results →
V

Vedanta Ltd

Q3 FY25Diversified Metals

Vedanta Q3 FY25 earnings call: Revenue & Margins

Q3 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹279
Market cap₹1.0L Cr
P/E9.5
Updated23 Aug 2026
Read5 min read

The short version

Aluminum volumes expected to exceed 2.4 million tons by FY '25 end, with smelter expansion targeting commissioning of an additional 250,000 tons per annum by FY '27/'28. Vedanta expects transformational growth in FY '26, driven by completion of key growth and integration projects placing businesses in the top decile of the global cost curve (Page 5).

From Vedanta Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Aluminum volumes expected to exceed 2.4 million tons by FY '25 end, with smelter expansion targeting commissioning of an additional 250,000 tons per annum by FY '27/'28.
  • Alumina captive production to gradually increase, meeting 70% of requirements by FY '26.
  • Zinc International Phase-2 expansion commissioning targeted in FY '26, aiming for improved volumes.
  • KCM copper production ramping up to 160-180 kilotons per month in FY '26, with a run rate reaching pre-liquidation levels; annualized production forecasted around 150-200 kilotons next year.
  • Oil & gas production to stabilize and potentially increase in H2 FY '26 due to ASP injection and infill wells.
  • Iron ore production expected to rise 20-25% next year with 240-250 kilotons from Gamsberg and Black Mountain.

2 more points from Vedanta Ltd's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

See what Vedanta Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Vedanta Limited is actively investing in new infill wells and the ASP (Advanced Secondary Processing) project in the oil and gas business to boost near-term volumes and revenue (Page 19).
  • CAPEX spend for the current fiscal is expected to be in the range of $1.5 to $1.6 billion, with 9 months already having spent about $1.15 billion, aiming for a $1.9 billion target (Page 16).
  • The zinc Phase-2 expansion project at Zinc International is underway, targeting commissioning in FY '26 (Pages 5, 10).
  • The integrated smelter refinery project in Saudi Arabia has a planned investment of $2 billion over multiple years; currently in early stages (Pages 13).

2 more points from Vedanta Ltd's call on capex

Pro opens every point from 15K+ earnings calls

Top-ranked in Diversified Metals

Ranked on what management guided this quarter

Guidance-ranked
1Innomet Advanced
Rev 1Mar 3
2Pondy Oxides & Chemicals Ltd
Rev 2Mar 1
3
Rev 2Mar 2
Sign up free to see 1 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Vedanta Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript from Vedanta Limited's Q3 FY25 earnings call does not explicitly mention the current or expected order book or pending orders. The discussion mainly focuses on financial performance, production updates, debt status, project commissioning timelines, and operational efficiency. Key points covered include: - Strong Q3 EBITDA and profit growth with focus on operational execution and cost leadership. - Progress on key projects: aluminum smelter expansions, alumina refinery ramp-up, zinc plant progress. - Debt reduction efforts and refinancing achievements at Vedanta Resources and Vedanta Limited. - Commissioning of power plants Meenakshi and Athena scheduled for FY26.

2 more points from Vedanta Ltd's call on order book

Pro opens every point from 15K+ earnings calls

Vedanta Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹24.6K Cr, net profit ₹9.4K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Vedanta Ltd's management said in earlier quarters

Compare:vs Jain Resource Recycling Ltdvs Pondy Oxides & Chemicals Ltdvs Ardee Industries

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Vedanta Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Vedanta Ltd Q3 FY25 results?

Aluminum volumes expected to exceed 2.4 million tons by FY '25 end, with smelter expansion targeting commissioning of an additional 250,000 tons per annum by FY '27/'28. Vedanta expects transformational growth in FY '26, driven by completion of key growth and integration projects placing businesses in the top decile of the global cost curve (Page 5).

What is Vedanta Ltd share price analysis?

Vedanta Ltd currently shows a neutral. The stock trades at a P/E of 9.5 with a market cap of ₹104,603 Cr. Investors should review the full earnings analysis for detailed insights.

Is Vedanta Ltd planning capital expenditure?

Vedanta Limited is actively investing in new infill wells and the ASP (Advanced Secondary Processing) project in the oil and gas business to boost near-term volumes and revenue (Page 19).

Keep Vedanta Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.