Vedanta Q4 results: Stock price target, dividend per share projection for FY26 & more
Vedanta has reported a 118 per cent year-on-year (YoY) rise in net profit to Rs 4,961 crore for the March quarter, driven by a 13.9 per cent YoY increase in sales to Rs 40,455 crore. The Anil Agarwal-led company said its Ebitda climbed 30.8 per cent to Rs 11,466 crore, with the Ebitda margin expanding 365 basis points to 28.34 per cent, beating analyst estimates.
Following its Q4 results, Nuvama has retained its ‘Buy’ call on Vedanta, as the domestic brokerage expects aluminium profitability to remain firm, with lower aluminium prices likely to be offset by lower alumina prices. The brokerage expects Vedanta to pay a dividend per share of Rs 30 in FY26 and FY27.
FY26 could mark the commissioning of all scheduled expansions — except…
