| Company | Value | Change | %Change |
|---|
Aluminium production stood at 614 kilotonnes (kt), marking a 3% year-on-year (YoY) growth and a 1% decline quarter-on-quarter (QoQ). For the nine-month period, aluminium output rose to 1,819 kt, a 3% year-on-year increase.
Alumina production for the quarter climbed 7% year-on-year, contributing to a robust 16% year-on-year growth for the nine-month period at 1,542 kt. The Zinc International business reported a 12% year-on-year and 6% quarter-on-quarter increase in mined metal production, reaching 46 kt in Q3.
Also Read: Why Vedanta shares gained but those of NALCO fell on Friday?
Meanwhile, Zinc India achieved its highest-ever nine-month refined metal production at 783 kt, up 3% year-on-year. Improved grades and operational efficiencies drove record mine metal and refined zinc outputs, with quarterly refined zinc production rising 3% sequentially.
In the oil and gas segment, production declined by 19% year-on-year and 5% quarter-on-quarter to 99.4 thousand barrels of oil equivalent per day (kboepd). However, volumes from the Jaya discovery under the Open Acreage Licensing Policy (OALP) contributed positively to the segment’s performance.
Vedanta also posted a record nine-month ferrochrome production of 72 kt, a 35% year-on-year surge, supported by the commissioning of a new furnace. Pig iron production grew 7% year-on-year and 14% quarter-on-quarter due to operational adjustments, including furnace relining and planned shutdowns.
Also Read: Vedanta to not consider demerger of one of its units
Ore production in Q3 jumped 77% sequentially as monsoon impacts waned, while Gamsberg’s Q3 output rose 21% year-on-year and 10% quarter-on-quarter, aided by better zinc grades and recoveries.
Shares of Vedanta Ltd ended at ₹457.90, up by ₹8.10, or 1.80% on the BSE.
