So far in FY26, Vedanta has distributed dividends totalling Rs 23 per share. This includes a first interim dividend of Rs 7 per share announced on June 18, 2025, which resulted in a payout of over Rs 2,400 crore. The second interim dividend, declared in August, stood at Rs 16 per share and led to an outgo of more than Rs 6,200 crore.
Promoter Vedanta Resources continues to hold a majority stake of 56.38% in the Indian listed entity, which is in the process of being demerged into five separate companies.
In a separate development, the Vedanta Group has moved the National Company Law Appellate Tribunal, challenging the approval granted by the National Company Law Tribunal to Adani Enterprises Ltd for the acquisition of Jaiprakash Associates Ltd for Rs 14,535 crore.
Vedanta Group had also participated in the insolvency process for Jaiprakash Associates, but lenders approved Adani Enterprises’ resolution plan in November last year.
On March 17, the Allahabad bench of the National Company Law Tribunal cleared Adani Enterprises’ Rs 14,535 crore bid to acquire Jaiprakash Associates through the insolvency route.
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Vedanta share price performance
Vedanta shares have gained 46% over the past six months. Since the start of the year, the stock is up 11%, while it has climbed 45% over the last one year. Over a five-year period, Vedanta shares have delivered multibagger returns of nearly 200%.
Vedanta Q3 snapshot
Vedanta reported a 61% year-on-year jump in consolidated profit to Rs 5,710 crore for the third quarter, with revenue rising 19% to Rs 45,899 crore. EBITDA climbed 34% year-on-year and 31% sequentially to a record Rs 15,171 crore, while margins expanded to 41%, supported by higher metal prices, stronger premiums, improved volumes and cost efficiencies.
The aluminium business stood out operationally, with alumina production rising 57% year-on-year to a record 794 kilotonnes, while aluminium cost of production declined 11% year-on-year to $1,674 per tonne, aiding margin expansion. Zinc India and international zinc operations also delivered strong growth on the back of favourable commodity prices and improved volumes.
The stronger operating performance translated into better capital efficiency, with return on capital employed improving to 27%, up nearly 300 basis points from a year ago.
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