Vedanta Iron & Steel's Q2 FY 2026-27 Quarterly Results

Result Summary

• Vedanta Iron & Steel Ltd reported a 24.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a - of -.
• Its expenses for the quarter were down by 12.7% QoQ and - - YoY.
• The net profit decreased 367.8% QoQ and - - YoY.
• The earnings per share (EPS) of Vedanta Iron & Steel Ltd declined at 0.8 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vedanta Iron & Steel Ltd is a company that operates within the iron and steel industry. The company is primarily involved in the production and distribution of iron and steel products. These products are essential in various sectors, including construction, automotive, and manufacturing. As of the latest data available, no recent major developments or strategic shifts have been disclosed for Vedanta Iron & Steel Ltd. The company continues to navigate the dynamic landscape of the iron and steel industry, which often involves dealing with fluctuations in raw material prices, regulatory changes, and shifts in global demand.

Revenue

During Q2FY27, Vedanta Iron & Steel Ltd reported a total income of ₹2846 crores. This marks a decrease from the previous quarter, Q1FY27, where the total income was ₹3751 crores, resulting in a quarter-over-quarter (QoQ) decline of 24.1%. It is important to note that there is no available year-over-year (YoY) comparison for total income as data for Q2FY26 is not provided. The decrease in total income could be attributed to various factors inherent to the company's operational environment or market conditions during the quarter under review.

Profitability

In Q2FY27, Vedanta Iron & Steel Ltd recorded a profit before tax of -₹320 crores, indicating a significant decline from the profit before tax of ₹165 crores reported in Q1FY27. The quarter-over-quarter change shows a substantial decline of 293.9%. Tax expenses for the quarter also decreased significantly from ₹54 crores in Q1FY27 to ₹4 crores in Q2FY27, reflecting a 92.6% reduction. Consequently, the profit after tax for Q2FY27 was -₹324 crores, compared to a profit of ₹121 crores in Q1FY27, marking a decrease of 367.8% QoQ. Earnings per share (EPS) for the same period followed a similar trend, falling from ₹0.31 to -₹0.80.

Operating Metrics

The analysis of operating expenses shows that Vedanta Iron & Steel Ltd's total expenses for Q2FY27 were ₹3129 crores, which represents a 12.7% decrease from the ₹3586 crores reported in Q1FY27. This reduction in expenses, however, was not sufficient to counterbalance the decrease in total income for the quarter. The financial metrics reveal a challenging quarter for the company, as evidenced by the negative profitability indicators. Key financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio cannot be calculated due to the lack of comprehensive data required for these calculations. Additionally, without historical data for Q2FY26, year-over-year analysis remains unavailable.