Vedanta Ltd has announced its operational performance for the fourth quarter of financial year 2025 (Q4FY25). Key highlights are as follows:
Iron ore output up 12% y-o-y in FY’25:
Iron ore production was recorded at 6.2 million tonnes (mnt) in FY’25, marking a 12% rise compared to 5.6 mnt in FY’24. Karnataka mines contributed the bulk of the output, accounting for 5.3 mnt.
Production also saw a sharp 36% jump q-o-q in Q4, reaching 2.0 mnt compared to 1.5 mnt in the previous quarter. This was largely because of iron ore inventory utilisation in Karnataka and ramp up of mine production in Goa.
Iron ore sales down 13% y-o-y:
Sales volumes in FY’25 stood at 5.4 mnt, a 13% decline from 6.2 mnt in FY’24. Over 80% of the sold quantity was sourced from Karnataka. On a q-o-q basis, sales dipped 8% to 1.3 mnt in Q4FY’25 against 1.4 mnt in Q3FY’25.
The decline in sales was primarily driven by the introduction of the MRT bill and prevailing market speculation, which dampened buyer participation in auctions, resulting in unsold volumes.
Pig iron production slips 2% y-o-y:
The company’s pig iron production dropped to 817,000 t in FY’25, down by 2% y-o-y compared to 831,000 t in FY’24.
On a q-o-q note, production declined by 5%, from 217,000 t in Q3FY’25 to 205,000 t in the final quarter.
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