Vedanta Iron and Steel Limited Q2 FY27 results deck summary

Results deck of 27 Oct 2026, summarised by AI from the filing.

VISL's H1 FY27 EBITDA rose 54% to ₹598 cr on revenue of ₹6,450 cr, while Q2 FY27 EBITDA was ₹83 cr and loss after tax ₹324 cr.

Key takeaways

1. Q2 EBITDA Q2 FY27 EBITDA was ₹83 cr, up 56% YoY, on revenue of ₹2,788 cr (-2% YoY) and a loss after tax of ₹324 cr (Q2 FY26: ₹477 cr loss).
2. H1 FY27 H1 FY27 EBITDA rose 54% to ₹598 cr and revenue 8% to ₹6,450 cr, with margin up 275 bps to 9% and loss after tax of ₹203 cr.
3. QoQ fall EBITDA fell to ₹83 cr in Q2 FY27 from ₹515 cr in Q1 FY27 on weaker realisations, higher input costs and planned shutdowns.
4. Steel volumes Steel saleable production rose 4% YoY to 532 KT in Q2 FY27 and 1,114 KT in H1 FY27, with record half-yearly Pig Iron output of 568 KT.
5. Cost pressure Higher coking coal, fuel and freight costs weighed on EBITDA, with input commodity cost reducing the H1 FY27 bridge by ₹416 cr.

Original filing on BSE

Vedanta Iron and Steel Limited Q1 FY27 results

As filed: Revenue ₹3,662 cr, EBITDA ₹508 cr, PAT ₹121 cr, EBITDA margin 13.9%.

Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹3,662 cr). Scored once a year-earlier consolidated quarter exists.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹0.0 cr, EBITDA ₹0.0 cr, PAT ₹0.0 cr. Not scored. Too small to score: quarter revenue ₹0.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little. Share price after the results: +64.2% in 30 days (Nifty 500: +1.5%).

Past price moves after results do not indicate future moves. Not a recommendation.

Vedanta Iron and Steel Limited earnings call, investor presentation and press release summaries

• Q2 FY27: Results deck (27 Oct 2026)
• Q1 FY27: Results deck (29 Jul 2026), Results press release (29 Jul 2026)