Vedanta logs record alumina, ferro chrome output in Q1; oil & gas declines

Vedanta Ltd posted a mixed operational performance for the first quarter of FY26, with several segments clocking record output while others saw declines.

The company’s Lanjigarh Refinery delivered its highest-ever quarterly alumina production at 587 kilotonnes (kt) — up 9% year-on-year (YoY) and 36% quarter-on-quarter (QoQ). Similarly, ferro chrome production surged 150% QoQ, backed by record ore output, which grew 66% sequentially.

Zinc operations saw strong traction. While Zinc India reported its best-ever Q1 mined metal output at 265 kilotonnes (up 1% YoY), Zinc volumes jumped 50% YoY and 12% QoQ to 57 kt.

Aluminium production stood at 605 kt — largely flat sequentially and up just 1% YoY. However, refined metal output fell 5% YoY and 7% QoQ to 250 kt, attributed to planned maintenance and plant availability issues.

Oil & gas production declined 17% YoY and 3% QoQ to 93.2 kboepd (thousand barrels of oil equivalent per day), continuing its downtrend.

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Other highlights included an 11% QoQ rise in power sales and a 4% increase in pig iron output. Saleable ore production rose 42% YoY due to a low base effect from last year’s mine suspension.

Saleable silver output dropped 11% YoY and 16% QoQ to 149 metric tonnes, impacted by lower mine input and reduced lead production.

The operational update was issued post market hours. Shares of Vedanta Ltd closed 2.42% lower at ₹458.10 on the NSE.