Date: October 03, 2026
Production Highlights
Iron Ore Production (in Mn DMT):
- Q2 FY27 total saleable ore production: 1.52 Mn DMT (Q2 FY26: 1.75 Mn DMT, -13% YoY)
- Q1 FY27 production: 2.64 Mn DMT (-43% vs Q1)
- H1 FY27 production: 4.16 Mn DMT (H1 FY26: 4.29 Mn DMT, -3% YoY)
Regional Breakdown:
- Goa: 0.10 Mn DMT (Q2 FY26: 0.08 Mn DMT, +22% YoY)
- Karnataka: 0.51 Mn DMT (Q2 FY26: 0.99 Mn DMT, -49% YoY)
- Includes Karnataka BHQ Material: 0.25 Mn DMT (Q2 FY26: 0.38 Mn DMT, -33% YoY)
- Odisha: 0.91 Mn DMT (Q2 FY26: 0.68 Mn DMT, +34% YoY)
Steel Production:
- Hot Metal Production: 552 units (Q2 FY26: 533 units, +3% YoY)
- Bokaro: 315 units (Q2 FY26: 295 units, +7% YoY)
- Goa: 236 units (Q2 FY26: 238 units, -1% YoY)
- Saleable Production: 532 units (Q2 FY26: 512 units, +4% YoY)
Product-wise Saleable Production:
- Pig Iron: 277 units (Q2 FY26: 279 units, -1% YoY)
- Billets: 12 units (Q2 FY26: 18 units, -31% YoY)
- TMT Bar: 112 units (Q2 FY26: 100 units, +12% YoY)
- Wire Rod: 108 units (Q2 FY26: 108 units, 0% YoY)
- Ductile Iron Pipes: 22 units (Q2 FY26: 7 units, +225% YoY)
Operational Context
- IOG (Goa mines): Production increased 22% YoY driven by ramp-up of mining operations and enhanced processing capacity
- IOK (Karnataka mines): Q2 saleable ore production aligned with revised estimates per updated mine plan
- IOO (Odisha): Saleable ore production recorded 34% YoY growth driven by higher operational efficiency
- Note: Ore mined from Karnataka Mines includes BHQ material which will be processed once the beneficiation plant is commissioned
- Q2'27 saleable production lower against Q1 due to scheduled furnace maintenance
Company Background
- Vedanta Iron and Steel Limited became effective on May 1, 2026 following Vedanta's demerger
- Operational performance presented for full quarter of business constituents as they exist at end of Q1 FY2027
- Fully integrated iron and steel company with over 70 years of mining heritage
- Operations across India and Africa spanning iron ore mining, processing, and steel manufacturing
- Businesses include Sesa Iron Ore, ESL Steel, and Western Cluster Limited
- Diversified portfolio includes iron ore, steel, pig iron, TMT bars, wire rods, DI pipes, ferro-silicon, cement, and metallurgical coke