Summary of Key Information:
Reporting Period: First Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Unaudited Consolidated and Standalone Financial Results
Audit Opinion:
Unmodified opinion from statutory auditors M/s Walker Chandiok & Co LLP
Key Financial Highlights [in ₹ crores]:
Consolidated Results:
Revenue from Operations:
- Q1 FY27: ₹2,507 (Unaudited)
- Q4 FY26: ₹2,588 (Audited)
- Q1 FY25: ₹2,311 (Unaudited)
- FY26: ₹9,606 (Audited)
Total Income:
- Q1 FY27: ₹2,658 (Unaudited)
- Q4 FY26: ₹2,772 (Audited)
- Q1 FY25: ₹2,631 (Unaudited)
- FY26: ₹10,564 (Audited)
Net Profit/(Loss):
- Q1 FY27: ₹945 profit (Unaudited)
- Q4 FY26: ₹(479) loss (Audited)
- Q1 FY25: ₹(104) loss (Unaudited)
- FY26: ₹(493) loss (Audited)
EPS (for continuing and discontinued operations):
- Q1 FY27: ₹2.42 basic and diluted
- Q4 FY26: ₹(1.22) basic and diluted
- Q1 FY25: ₹(0.26) basic and diluted
Other Equity: Not specified in quarterly results
Cash and Cash Equivalents: Not specified in quarterly results
Debt: Not specified in quarterly results
Standalone Results:
Revenue from Operations:
- Q1 FY27: ₹1,447 (Unaudited)
- Q4 FY26: ₹1,475 (Audited)
- Q1 FY25: ₹1,399 (Unaudited)
- FY26: ₹5,546 (Audited)
Total Income:
- Q1 FY27: ₹1,504 (Unaudited)
- Q4 FY26: ₹2,548 (Audited)
- Q1 FY25: ₹1,512 (Unaudited)
- FY26: ₹7,739 (Audited)
Net Profit/(Loss):
- Q1 FY27: ₹695 profit (Unaudited)
- Q4 FY26: ₹723 profit (Audited)
- Q1 FY25: ₹(332) loss (Unaudited)
- FY26: ₹1,026 profit (Audited)
EPS (for continuing and discontinued operations):
- Q1 FY27: ₹1.78 basic and diluted
- Q4 FY26: ₹1.85 basic and diluted
- Q1 FY25: ₹(0.85) basic and diluted
- FY26: ₹2.62 basic and diluted
Paid-up equity share capital: ₹391 crores (face value ₹1 each)
Other Equity: ₹16,409 crores (as of FY26)
Segment-wise Performance:
The Group operates in a single reportable segment (Oil & Gas) as per Ind AS 108, so no separate segment information is disclosed.
Corporate Actions:
Demerger Completion:
- The National Company Law Tribunal, Mumbai Bench approved the Scheme of Arrangement on December 16, 2025
- Effective date: May 1, 2026 (Appointed Date)
- The Oil and Gas Undertaking of Vedanta Limited was demerged into Vedanta Oil and Gas Limited
- Allotment of 391,038,8057 equity shares of face value ₹1 each to eligible shareholders of Vedanta Limited
- The company ceased to be a subsidiary of Vedanta Limited
Business Transfers:
- Power and Nicomet Business transferred to Vedanta Limited
- Coke Business transferred to Vedanta Iron and Steel Limited
- Aggregate consideration: ₹504 crore (slump sale basis)
- Investment in Fujairah Gold FZC transferred to Vedanta Limited for nominal consideration of ₹1
- Investment in AvanStrate Inc. transferred to THL Zinc Limited for nominal consideration of USD 1
Dividend: Not declared
Other Significant Information:
Exceptional Items:
- Continuing operations: ₹(441) crore loss (including ₹379 crore impairment for Cambay Block and ₹62 crore demerger costs)
- Discontinued operations: ₹1,056 crore gain from slump sale of businesses
- Net exceptional gain: ₹711 crore
Cambay Block Litigation:
- PSC expired June 29, 2023
- Extension application rejected by MoPNG September 19, 2025
- Delhi High Court dismissed company's petition July 22, 2026
- Company filed appeal before Divisional bench
- Impairment provision of ₹379 crore recognized
MoPNG Approval:
- Ministry accorded approval for the demerger on July 24, 2026 (after quarter end)
Post-Demerger Operations (May-June 2026):
- Consolidated revenue from operations: ₹1,664 crore
- Consolidated loss before tax: ₹(498) crore
- Standalone revenue from operations: ₹957 crore
- Standalone loss before tax: Amount not specified
Entities in Consolidation:
- Vedanta Oil and Gas Limited (Holding Company)
- Cairn India Holdings Limited
- Cairn Energy Hydrocarbons Limited
- Cairn Lanka Private Limited (under liquidation)
- AvanStrate Inc. (up to April 30, 2026)
- Fujairah Gold FZC (up to April 30, 2026)