Vedanta reports strong quarterly profit on rising base metal prices – 30 January 2026
Vedanta Ltd (India) posted a significant profit increase in Q3 FY26, supported heavily by elevated base metal prices, including aluminium, where tighter supply and higher benchmark prices contributed to stronger earnings and improved operating margins.
👉 Source: Reuters market news — https://www.reuters.com/world/india/indian-miner-vedanta-posts-quarterly-profit-rise-strong-base-metal-prices-2026-01-29/
Summary:
Lower inventories and production disruptions in major producer China are expected to keep aluminium prices firm in the near term, the brokerage added.
The benchmark three-month aluminium , zinc , and copper on the London Metal Exchange rose 11.8%, 5.3%, and 21% on-year, respectively, in the reporting quarter.
Higher commodity prices tend to support selling prices and margins for mining companies.
Vedanta’s operating profit margin rose to 27% from 22%.
Revenue from Vedanta’s aluminium segment rose 10.2%, while its combined zinc and lead India segment rose 16%. The copper segment improved by 48.9%.
Vedanta’s aluminium business is the biggest in India by production volume, and contributes to nearly 40% of the company’s revenue.
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