Vedanta Reports Strong Q3 Performance with Record Aluminium, Zinc, and Pig Iron Production

Vedanta Ltd. posted a solid 3% year-on-year increase in aluminium production, reaching 614 kilotonnes in the third quarter, according to its latest business update released on Friday. The company’s robust performance was driven by a rise in mined metal output and record-high production in several key segments.
Key Production Highlights
During the October-December period, Vedanta’s mined metal output increased by 3% sequentially, totaling 265 kilotonnes. This growth was driven by improved grades and higher production at the Agucha and Zawar mines. Refined zinc production also grew by 3% sequentially to 204 kilotonnes, reflecting the company’s enhanced operational performance.
Vedanta achieved record-high nine-month mined metal production, with improved grades and better mill recovery contributing to the strong results. The company also reported peak refined metal output, with refined zinc production up 3% and refined lead production increasing by 4%. This success was largely attributed to robust plant performance and consistent availability.
In other key areas, Vedanta’s oil and gas production fell by 19% year-on-year to 9.1 million barrels of oil equivalent per day. However, pig iron production climbed 7% year-on-year to 217 kilotonnes, and total pig iron output rose 14% sequentially, recovering from earlier disruptions.
Strong Steel and Copper Performance
Vedanta’s saleable ore production grew by 10% to 1.5 million tonnes, and saleable steel production surged 11% sequentially to 329 kilotonnes, rebounding after maintenance shutdowns in the previous quarter. Additionally, copper production saw a 9% sequential increase, reaching 45 kilotonnes.
Market Reaction and Stock Performance
Vedanta’s shares ended the day 1.8% higher at ₹457.9, outperforming the BSE Sensex, which declined by 0.9%. Despite the broader market selloff, Vedanta’s stock surged by 2% post-market hours, reflecting investor confidence in the company’s results. Over the past year, the stock has gained 73%, although it has seen a nearly 11% decline in the last three months.
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