Vedanta Ltd, a major player in the metals and mining sector, reported its highest-ever earnings for both the fourth quarter and the full fiscal year 2026 (FY26). The company achieved a net profit of ₹25,096 crore for FY26, reflecting a 22% increase year-on-year (YoY), while revenue reached ₹1,74,075 crore, up 15% YoY. In the fourth quarter alone, Vedanta's net profit soared to ₹9,352 crore, an 89% YoY increase, supported by strong commodity prices and enhanced operational efficiencies. The company also reported an Ebitda of ₹55,976 crore for FY26, a 29% rise YoY. Notably, Vedanta's net debt-to-Ebitda ratio improved to 0.95x, the lowest in 14 quarters, as the company reduced its debt by about $1.5 billion during the year. Looking ahead, Vedanta's executives expressed optimism for FY27, targeting an Ebitda of around ₹72,000 crore, indicating a 28% growth. This growth is expected despite rising input costs due to geopolitical tensions, which have been offset by higher metal prices. The company is also set to implement a demerger of its business segments on May 1, allowing for more focused growth in areas like aluminium, zinc, oil and gas, and power.