Update Vedanta Q2: Record of aluminum, oxide production; Zinc India provides the best output of the torn metal
India’s zinc also labeled its production of metals with the best Q2 paper at 258 kt, while Zinc International showed a robust 38% jump in 60 kt.
The performance of the second quarter also included the highest output of Pig iron at 238 kt, registration at 26% year -on -year increase.
With these operating milestones, he emphasized the leading portfolio of stable momentum, supported by surgical efficient and newly authorized energy capacities such as Meenakshi 1000 MW and Athena 600 MW units that are now fully functional.
Here is segmental information about updates of the second quarter of the company:
Aluminum and aluminum
Vedanta reached its highest quarterly production of Aluma at 653 kt, which is a sharp 31% year -on -year increase of 499 kt in Q2 FY25, powered by a record performance in the rafineria of Lanjigarh. Aluminum production was 617 kt, marginally rising by 1% between 609 kt. In the first half (H1), the total production of aluminum was 1,222 kt, almost flat with the previous year.
Zinc India
In Zinc India, metal production benefited pink 1% to 258 kt, the highest for the second quarter. Soon, the selling metal output dropped 6% year -on -year to 246 kt due to low refined volumes of lead and silver.
The refined zinc increased by 2% to 202 kt year -on -year, while the refined lead dropped sharply by 29% year -on -year to 45 kt.
Meanwhile, silver production dropped by 22% to 144 tons (4.6 minutes).
For the H1 FY26, the production of mined metals was 523 kt, also a record, by 1% compared to the previous year.
International zinc
ZINC International brought strong growth, with a total production of mined metal by 38% year -on -year to 60 kt in Q2 FY26, compared to 44 kt in Q2 FY25. This was largely driven by 54% year -on -year increase in Gamsberg production to 49 kt, while BMM slightly dropped by 5% year -on -year to 11 kt.
In six months, production increased by 44% year -on -year to 117 kt.
Oil and gas
Vedanta for oil and gas business has seen a decline during the quarter. The average daily gross production has fallen by 15% to 89.3 kboepd, compared to 104.9 KBEPD in Q2 FY25. Rajasthan fields contributed 70.9 KBEPD, year -on -year by 17%, while Ravva dropped by 25% to 8.2 kboepd year -on -year. Cambay Pink 38% between 6.6 kboepd, on the other hand.
We have an interest base, reduced production by 15% year -on -year to 58.2 kboepd.
Iron ore and iron pigs
Iron ore production has fallen due to weather disruption. The output of the dirty ore fell 19% to 1.1 mn tons, while the sale fell by 33% year -on -year to 0.7 mn tons.
However, Pig Iron achieved a record maximum with 26% to 238 kt in Q2, a help from Debottlecking by Blast Furnace.
Steel
The steel division announced a 8% decrease in fine steel production to 274 kt, compared to 296 kt in Q2 FY25. Within this ascent of pig iron, 53% dropped to 41 kt year -on -year, while rose leaves by 43% year -on -year to 232 kt. The production of bars and wire rods of TMT increased by 18%and 59%year -on -year, while the draft pipes of iron pipes dropped by 87%.
Acor
Ferro Alloys Corporation (FACOR) published at 24% of Ruda’s production at 47 kt. However, Ferro Chrome’s output dropped to 19 kt year -on -year due to the planned monthly furnace shutdown.
Copper
The production of copper cathode was marginally lower, at 40 kt in Q2 FY26, 3% year -on -year from 41 kt. The decline was assigned to temporary sources of raw materials.
Urine
Energy sales dropped slightly, with total sale by 2% year -on -year to 4.331 min in Q2. TSPL contributed 2,789 min, at 3% year -on -year, while sales from Jharsuguda and Balco dropped by 57% and 50% year -on -year.
The newly entered Meenakshi 1000 MW in an additional 459 MN unit, while 600 MW in Athena broadcast 336 MN units in the first quarter of the operation.
Read also: David Solomon from Goldman Sachs sees the drawing market forward, says AI Frenzy May Stage for Equity Shakeout
(Renunciation: Recommendations, proposals, opinions and opinions provided by experts are their own. Those do not sell opinions on economic times)
As a reliable and trustworthy source of messages(Tagstranslate) Vedant Ltd