Vedanta Oil and Gas' Q2 FY 2026-27 Quarterly Results

Result Summary

• Vedanta Oil and Gas Ltd reported a 1.1% 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 27.2% QoQ and - - YoY.
• The net profit decreased 21.1% QoQ and - - YoY.
• The earnings per share (EPS) of Vedanta Oil and Gas Ltd stood at 1.91 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 Oil and Gas Ltd is a company operating within the oil and gas sector, focused on exploration, extraction, and production activities. The company is involved in the upstream segment of the oil and gas industry, which includes the search for potential underground or underwater crude oil and natural gas fields, drilling of exploratory wells, and subsequently drilling and operating the wells that recover and bring the crude oil or raw natural gas to the surface. Information about any recent major developments within the company or its specific product offerings is not available in the provided data. As a significant player in the energy sector, the company's performance is often influenced by fluctuations in global oil prices, regulatory changes, and developments in energy policies.

Revenue

During the second quarter of fiscal year 2027 (Q2FY27), Vedanta Oil and Gas Ltd reported a total income of ₹2628.00 crores. This represents a slight decrease of 1.1% from the first quarter of fiscal year 2027 (Q1FY27), where the total income was ₹2658.00 crores. The year-over-year comparison and any associated percentage changes are not available due to the absence of data for the second quarter of fiscal year 2026 (Q2FY26). The quarterly performance in terms of revenue reflects a marginal contraction, highlighting the changes in income generation within the period under review.

Profitability

For Q2FY27, Vedanta Oil and Gas Ltd recorded a profit before tax (PBT) of ₹775.00 crores, a significant turnaround from a loss before tax of ₹232.00 crores in Q1FY27, marking a drastic improvement with a quarter-over-quarter change of -434.1%. The tax expense for Q2FY27 was ₹29.00 crores compared to a tax benefit of ₹80.00 crores in the previous quarter. The profit after tax (PAT) stood at ₹746.00 crores for Q2FY27, showing a decline of 21.1% from Q1FY27, where the PAT was ₹945.00 crores. The reported earnings per share (EPS) for Q2FY27 was ₹1.91, down from ₹2.42 in Q1FY27, corresponding with the PAT decline. The data for year-over-year profitability metrics remain unavailable.

Operating Metrics

Vedanta Oil and Gas Ltd's total expenses for Q2FY27 were ₹1853.00 crores, marking a significant decrease of 27.2% from the previous quarter (Q1FY27), where expenses were ₹2544.00 crores. This reduction in expenses positively impacted the profit before tax, which moved from a negative to a positive position within the quarter. The absence of comparative year-over-year data for total expenses limits further analysis in this area. The reduction in expenses could be indicative of cost control measures or operational adjustments, contributing to a better operating margin in Q2FY27 compared to the previous quarter.