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Vedanta Resources Ltd. reported a profit of $1.62bn for the fiscal year ending March 2025, reversing a $400mn loss in FY24, driven by favorable commodity prices, higher premiums, and operational efficiencies. Revenue rose 6% YoY to $18.2bn. Chairman Anil Agarwal outlined a transformation strategy, positioning Vedanta as a natural resources, energy, and technology company under “Vedanta 2.0”. The company is pursuing organic growth and progressing with the demerger of its Indian subsidiary, Vedanta Ltd, into five independent, sector-focused entities. The demerger, approved by over 99.5% of shareholders and creditors, aims to unlock value and accelerate growth. Earlier last week, VedantaLtd. declared its first interim dividend for FY2026.
Vedanta’s bonds traded stable with its 10.875% 2029s at 101.1, yielding 10.47%
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