Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026
Nature of Filing / Announcement: Integrated Filing (Financial Results)
Audit Opinion:
Unmodified opinion from statutory auditors M/s S.R. Batliboi & Co. LLP for both standalone and consolidated financial results.
Key Financial Highlights [₹ in Crore]:
Standalone Results:
Revenue from Operations: ₹1,512 crore
Total Income: ₹1,616 crore
Net Profit: ₹185 crore
EPS: ₹0.47 (not annualized)
Consolidated Results:
Revenue from Operations: ₹3,662 crore
Total Income: ₹3,751 crore
Net Profit: ₹121 crore (including ₹10 crore from discontinued operations)
EPS: ₹0.31 (not annualized)
Segment-wise Performance:
Continuing Operations:
Iron Ore Segment Revenue: ₹1,190 crore
Steel Segment Revenue: ₹2,839 crore
Total Segment Revenue: ₹4,029 crore
Iron Ore Segment EBITDA: ₹179 crore
Steel Segment EBITDA: ₹336 crore
Total Segment EBITDA: ₹515 crore
Discontinued Operations (Port Business - Visakhapatnam):
Revenue: ₹18 crore
Profit before tax: ₹13 crore
Profit after tax: ₹10 crore
Corporate Actions:
The company completed its demerger from Vedanta Limited effective May 1, 2026, with appointed date of May 1, 2026.
Issued 3,91,03,88,057 equity shares of face value ₹1 each to eligible shareholders of Vedanta Limited.
Equity shares listed and admitted to trading on BSE and NSE on June 15, 2026.
Other Significant Information:
The Group acquired MetCoke business from MALCO Energy Limited for ₹1 consideration.
Hived off Port Business at Visakhapatnam to Vedanta Base Metals Limited for ₹452 crore consideration.
Bloom Fountain Limited debt waiver of ₹13,138 crore recognized in capital reserve.