Focused on Value Creation, Optimizing Production & Critical Minerals: Anil Agarwal

Vedanta Chairman Anil Agarwal highlighted the company’s earnings, views on critical minerals, and future roadmap in his letter to shareholders for the third quarter of FY25. He also emphasized on the company’s commitment to financial discipline, sustainability, the proposed demerger and commitment to shareholder value.

Speaking on the importance of natural resources and how it can help in Indian economic growth, Agarwal said “The mining and natural resources sector has played an extremely valuable role in the growth and development agendas of all the world’s major economies: North America, Europe, the Middle East, China and Australia are all testimony to this. With less than 20% of our mineral resources explored to date, and with increasing focus on the sector both at home and overseas, India’s time is now.”

For the third quarter, Vedanta reported its highest EBITDA in 11 quarters at ₹11,284 crore and a Profit After Tax of ₹4,876 crore—a 70% jump from the previous year. The company also recorded its lowest net debt to EBITDA ratio in seven quarters at 1.4x

Agarwal also discussed Vedanta’s commitment to value creation and sustainability. Our focus and determination to strengthen our business across all major parameters have helped us continue to deliver exceptional value to all of our shareholders, he said.

“Anyone who had invested in Vedanta at the start of the past five-year period would have seen their investments multiplying over 4.7 times during this time, both in terms of capital appreciation and cash dividends returned, where Vedanta has the strongest track record – a dividend yield of 81%” he said.

Agarwal also highlighted the Vedanta’s focus and role in meeting India’s growing demand for critical minerals while expressing confidence about the company’s proposed demerger.

“Vedanta will soon be seeking final approval from its creditors and shareholders on our proposed demerger scheme. Post demerger, every Vedanta shareholder will receive 1 additional share in each of the 4 newly demerged companies – Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power and Vedanta Steel and Ferrous Metals – that this process will deliver. This will substantially broaden the Vedanta investor base while allowing all new investors the opportunity to choose between these entities and the pure play industry verticals they represent,” Agarwal said.