Vedanta Q2 Results: Aluminum, Alumina & Zinc India Performance
Okay, here’s a breakdown of Vedanta’s Q2 FY26 performance, based on the provided text, organized by segment:
Overall Highlights:
* Record Production: Vedanta achieved record mined metal production for Zinc India (258 kt) and highest-ever alumina production (653 kt).
* New Power Capacity: Newly commissioned power plants (Meenakshi 1000 MW and Athena 600 MW) are fully functional, supporting operational efficiencies.
* Pig Iron: Highest-ever pig iron output at 238 kt, a 26% YoY increase.
Segment-Wise Performance:
1. Aluminum and Alumina:
* Alumina Production: 653 kt (highest-ever quarterly, up 31% YoY). Driven by Lanjigarh refinery.
* Aluminum Production: 617 kt (marginally up 1% YoY).
* Jharsuguda: 467 kt (up 2% YoY)
* BALCO: 150 kt (steady YoY)
* H1 Aluminum Production: 1,222 kt (nearly flat YoY)
2. Zinc India:
* Mined Metal Production: 258 kt (highest-ever Q2, up 1% YoY).
* Saleable Metal Output: 246 kt (down 6% YoY) – due to lower refined lead and silver.
* Refined Zinc: 202 kt (up 2% YoY)
* Refined Lead: 45 kt (down 29% YoY)
* Silver Production: 144 tonnes (4.6 mn ounces) (down 22% YoY)
* H1 Mined Metal Production: 523 kt (record, up 1% YoY)
3. zinc International:
* Mined Metal Production: 60 kt (up 38% YoY).
* Gamsberg: 49 kt (up 54% YoY)
* BMM: 11 kt (down 5% YoY)
* H1 production: 117 kt (up 44% YoY)
4. Oil & Gas:
* Average Daily Gross Operated Production: 89.3 kboepd (down 15% YoY).
* Rajasthan: 70.9 kboepd (down 17% YoY)
* Ravva: 8.2 kboepd (down 25% YoY)
* cambay: 6.6 kboepd (up 38% YoY)
* Working interest Production: 58.2 kboepd (down 15% YoY)
5. Iron Ore and pig Iron:
* Iron Ore Production: Declined (the article doesn’t provide specific numbers for iron ore).
* Pig Iron Production: 238 kt (highest-ever, up 26% YoY).
Let me know if you’d like me to focus on a specific segment or aspect of the report!