Vedanta Board Approved to Raise Up to ₹3,000 Crore Via NCDs Issue

Vedanta Limited is involved in the production of zinc, lead, silver, iron ore, steel, copper, aluminium, and oil & gas. It is part of the Vedanta Group, led by billionaire Anil Agarwal. The company has a strong presence in India and operates globally. It is listed on the NSE and BSE in India.

Fund Raise via NCDs 

Vedanta Limited has announced plans to raise up to ₹3,000 crore through a Non-Convertible Debenture (NCD) issuance, reinforcing its financial strategy for sustained growth. The move underscores Vedanta’s commitment to bolstering its capital structure while delivering exceptional value to its stakeholders.

The Metal and Mining major will issue up to 3 lakh securities of the face value of ₹1,00,000 per NCD aggregating up to ₹3,000 crore.

Q3FY25 Results

In the Q3 FY25 financial year, Vedanta Limited reported a consolidated net profit of ₹3,547 crore, marking a 76% increase from ₹2,013 crore in the same period the previous year. The company’s revenue from operations rose by 10% year-on-year to ₹38,526 crore. Consolidated EBITDA surged by 30% to ₹11,284 crore, with margins improving by 517 basis points to 34%.

This robust performance was driven by favourable market prices and higher premiums. The aluminium segment achieved its highest-ever production of 613 kilotonnes, a 2% increase year-on-year. The Zinc India operations reported the lowest cost of production in the last 15 quarters, at $1,041 per tonne, a 5% decrease year-on-year. 

Additionally, the mined metal production of Zinc International rose by 12% year-on-year to 46 kilotonnes, delivering the lowest cost of production in the last seven years at $1,181 per tonne.

Arun Misra, Executive Director of Vedanta, attributed the strong results to strategic cost optimisation and production ramp-up across key businesses. He emphasised the company’s focus on structural cost-saving initiatives and favourable commodity prices as key factors in delivering this outperformance.

Share Price Performance 

At 3:29 PM on February 12, 2025, Vedanta Ltd shares traded at ₹422.40 per share on the NSE.

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