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Vedanta Power Achieves Highest Ever Sales, Profitability Soars

29 Oct

Summary

Quarterly power sales reached a record high of 5,593 million units.
Net profit turned positive at ₹83 crore, a significant turnaround.
EBITDA margin improved to 14.5% from 11.2% sequentially.

Vedanta Power reported a landmark Q2 FY27, achieving its highest-ever quarterly power sales at 5,593 million units, a 26% year-on-year increase. This surge in sales, driven by significant growth at Meenakshi Energy and Jharsuguda facilities, propelled the company to a net profit of ₹83 crore, a dramatic improvement from a ₹423 crore loss in the prior quarter.

Operational enhancements boosted performance, with plant availability reaching 98%. The company's EBITDA saw a 45% sequential rise, and margins improved to 14.5%. Vedanta Power also recorded its first-ever positive earnings per share, signaling a stronger financial footing. The net debt-to-EBITDA ratio improved significantly to 4.47 times from 9.82 times a year ago.

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