Vedanta Limited: Consolidated Results for the 2nd Quarter and Half Year ended 30th Sep 2021

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Oct 29, 2021

Financial

- Record consolidated quarterly Revenue of ₹ 30,048 crore, up 44% Y-o-Y

- Record quarterly EBITDA of ₹ 10,582 crore, up 62% Y-o-Y

- Attributable PAT (before exceptional items) at ₹ 4,644 crore, up 486% Y-o-Y

- Record consolidated Half Year Revenue of ₹ 58,153 crore, up 59%

- Record Half Year EBITDA of ₹ 20,613 crore, up 96%

ESG

- Commits to Net-Zero Carbon by 2050 or sooner

- Pledges US$5 billion over next 10 years to accelerate transition to Net-Zero

- Renewed focus to be the leading ESG performer in the natural resources sector

Operational

- Strong volume performance across business segments

- Sustained margins on strong commodity prices

Capital allocation and Deleveraging

- Net Debt at ₹ 20,389 crore, reduced by ₹ 7,232 crore Y-o-Y

- Net Debt/EBITDA ratio at 0.5x, lowest in last 4 years

- Continues with the track record of rewarding shareholders with an interim dividend of ₹ 18.5 per share, (₹ 6,855 crore) in Q2 FY2022

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