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Vedanta targets $3 billion debt in three years after demerger drives record FY26 margins

Business
Published on 30 April 2026
Vedanta targets $3 billion debt in three years after demerger drives record FY26 margins

FY26 could be its best ever as debt is cut fast

Vedanta expects a historic FY26 powered by record profitability in aluminium and zinc, with margins at 38% and 50%. The demerger became effective May 1, and management says all four new entities should trade by end-June. It also mapped a deleveraging route for Vedanta Resources, aiming to bring debt down to $3 billion over three years.

  • Aluminium and zinc margins hit 38% and 50% in the push for FY26
  • Demerger took effect May 1, with new entities expected to start trading by end-June
  • Vedanta Resources plans to cut debt to $3 billion in three years
  • Capital allocation and listing timeline outlined post demerger
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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