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Vedanta Ltd Reports Record Aluminium Production, Shares Increase Amid Strong Zinc India Performance – Details Inside!

Vedanta Ltd's shares rose 0.05% to Rs 512.05 after announcing record aluminium production for Q2 and FY25, with Zinc India achieving its highest-ever quarterly production of mined and refined metals.
Vedanta Ltd Reports Record Aluminium Production, Shares Increase Amid Strong Zinc India Performance - Details Inside!

Vedanta Ltd’s shares showed a slight increase during Friday’s trading session, following the announcement of record aluminium production for the second quarter and the first half of FY25. The company reported that its Zinc India segment achieved the highest-ever quarterly production of both mined and refined metals, signaling strong operational performance. The stock was priced at Rs 512.05, reflecting a marginal rise of 0.05% in early trades.

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In a recent update to stock exchanges, Vedanta revealed that its aluminium output reached 1,205 kilotonnes in the first half of FY25, with alumina production climbing 21% year-over-year during the same timeframe. Additionally, Zinc India marked a new peak in mined metal production, while refined metal output increased by 5% to 524 kilotonnes in the first half of the year.

The Zinc International division also experienced a notable volume increase, rising 16% quarter-over-quarter. Vedanta reported a 10% year-over-year growth in power sales for the first half, driven by enhanced generation from thermal plants. Ferrochrome production surged by 70% year-over-year to 53 kilo tons due to the commissioning of a new furnace.

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Despite these gains, the company’s steel production in the first half faced challenges due to planned maintenance shutdowns related to debottlenecking at the Steel Melting Shop and the Oxygen Plant. Additionally, iron ore volumes increased by 6% to 2.6 million tonnes in the first half, although pig iron production was negatively affected by maintenance activities.

On a quarterly basis, Vedanta’s total aluminium production rose by 3% year-over-year to 609,000 tonnes, compared to 594,000 tonnes in the same quarter last year. Zinc India’s second-quarter production experienced a 16% sequential increase, driven by a 26% rise at the Gamsberg mine and a 4% increase at the BMM site. Vedanta also noted a 16% quarter-over-quarter increase in copper production, reflecting the company’s strong operational trends across its mining segments.

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