- Iron ore production in H1FY’26 is 2.9 mnt
- Iron ore sales in H1FY’26 is 1.7 mnt
Vedanta Ltd has announced its operational performance for the first half of this financial year 2026 (H1FY26). Key highlights are as follows:
Iron ore output up 11% y-o-y in H1FY’26:
Iron ore production was recorded at 2.9 million tonnes (mnt) in H1FY’26, marking a 11% rise compared to 2.6 mnt in H1FY’25. Karnataka mines contributed the bulk of the output, accounting for 2.6 mnt, while rest (0.3 mnt) was from Goa.
Production also saw a drop 39% q-o-q in Q2, reaching 1.1 mnt compared to 1.8 mnt in the previous quarter. Iron ore production is adversely impacted due to higher rainfall.
Iron ore sales down 13% y-o-y:
Sales volumes in H1FY’26 stood at 1.7 mnt, a 17% decline from 2.1 mnt in H1FY’25. Over 75% of the sold quantity was from Karnataka. On a q-o-q basis, sales dipped 29% to 0.7 mnt in Q2FY’26 against 1 mnt in Q1FY’26.
Pig iron production increase 14% y-o-y:
The company’s pig iron production increased to 451,000 t in H1FY’26, rose by 14% y-o-y compared to 395,000 t in H1FY’25.
On a q-o-q note, production inched up by 12%, from 238,000 t in Q2FY’26 to 213,000 t in the last quarter.
Leave a Reply