October 30, 2026: Vedanta Oil and Gas Limited reported a consolidated net profit of ₹7.46 billion for the second quarter of FY27, marking a significant turnaround from the loss recorded in the corresponding period last year. The company’s performance was driven by robust operational earnings, with EBITDA rising 34% year-on-year to ₹13.93 billion, reflecting higher price realisations and focused cost optimisation.

Consolidated revenue from operations stood at ₹24.86 billion, reflecting a 7% year-on-year increase from ₹23.30 billion in Q2FY26. Total income for the quarter reached ₹26.28 billion, while profit before tax from continuing operations surged to ₹7.75 billion, compared to ₹1.13 billion in the year-ago quarter. The strong bottom line was supported by effective cost management and stable operating revenues.

(Source: Scan X)