Vedanta Q3 result: PAT jumps 70% YoY; company records highest ever 3rd quarter EBITDA of ₹11,284 crore | Company Business News

Vedanta Q3 result: Anil Agarwal-led Vedanta, on Friday, January 31, reported a solid 70 per cent year-on-year (YoY) jump in its December quarter (Q3FY25) consolidated net profit to ₹4,876 crore from ₹2,868 crore in the same quarter last year. Revenue from operations for the quarter rose 10.2 per cent YoY to ₹38,526 crore from ₹34,968 crore in the corresponding quarter of the last financial year.

In an exchange filing, the company said it recorded the highest-ever third-quarter EBITDA of ₹11,284 crore, which was up 30 per cent YoY. The jump in EBITDA was driven by structural cost-saving initiatives across businesses and favourable output commodity prices, partially offset by input commodity inflation, said the company. 

EBITDA margin for the quarter stood at 34 per cent, up 517 bps YoY.

The company’s net debt stood at ₹57,358 crore, while the net debt to EBITDA ratio declined to 1.4 times in Q3FY25 against 1.7 times in Q3FY24.

Vedanta said its cash and cash equivalent improved by 66 per cent YoY on the back of robust free cash flow (pre-capex) of ₹ 6,766 crore.

More to come.