VAML NSE filing

VAML Q2FY27 Consolidated Revenue at ₹22,324 Crore, Net Profit ₹5,167 Crore

The RealCase readHigh impact Positive

Vedanta Aluminium Metal Limited (VAML) reported consolidated Q2FY27 revenue of ₹22,324 crore and net profit of ₹5,167 crore. EBITDA surged 83% YoY to ₹10,192 crore. Net debt reduced by ₹3,090 crore QoQ. The company also declared a dividend of ₹8 per share for FY2026-27.

Why it matters

The strong financial results, significant EBITDA growth, debt reduction, and details about the demerger are material information for investors, indicating a positive outlook and operational efficiency.

The market read

The company reported strong financial performance with significant year-on-year growth in revenue and EBITDA, along with a reduction in net debt. The demerger and dividend announcement also contribute positively.

Vedanta Aluminium Metal Limited (VAML) has announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2026. The company reported a revenue from operations of ₹22,324 crore for the quarter. Net profit after exceptional items, taxes, and non-controlling interests stood at ₹5,167 crore. EBITDA for the quarter rose to ₹10,192 crore, an increase of 83% year-on-year. The company also reported a reduction in net debt by ₹3,090 crore quarter-on-quarter, with the Net Debt/EBITDA ratio improving to 0.7x.

The Board of Directors approved these results on October 28, 2026, following a review by the Audit and Risk Management Committee. The statutory auditors have issued an unmodified conclusion on the limited review of these results.

As part of a Scheme of Arrangement approved by the National Company Law Tribunal, VAML underwent a demerger from Vedanta Limited, effective May 1, 2026. This resulted in the allotment of 391,03,88,057 equity shares of face value ₹1 each to Vedanta Limited's shareholders, and VAML ceased to be a subsidiary. The financial figures presented for comparative periods have been adjusted to reflect the Scheme's effective date from April 1, 2025.

Additionally, VAML declared a total dividend for FY2026-27 of ₹8 per equity share of face value ₹1 each.

Filing to action

What to do with a filing like this

Vedanta Aluminium Metal Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Vedanta Aluminium Metal Limited. Read the original for the full detail.

View original filing