NSEUpdates2h ago · 3 Oct 2026, 06:16 pm

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Vedanta Iron and Steel Limited · VISL

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Vedanta Iron and Steel Limited announced its production numbers for the second quarter ended September 30, 2026, with a 4% YoY increase in saleable production and a 3% YoY increase in hot metal production.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment7/10

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Full Announcement

Please refer the enclosed production release by the Company for second quarter of FY 2027.

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VEDANTAIRONSTEEL_03102026181623_SE_Intimation_of_Production_Release_signed.pdf

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VISL/SEC./SE/2026-27/45 October 03, 2026 To To BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block – G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400 051 BSE Scrip Code: 544784 NSE Scrip Code: VISL Subject: Production Release of the Company for second quarter ended September 30, 2026 Dear Sir/Ma’am, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find enclosed herewith the Production Release of the Company for the second quarter ended September 30, 2026. We request you to kindly take the above information on record. Thanking You, Yours faithfully, For VEDANTA IRON AND STEEL LIMITED Tina Lakhani Company Secretary & Compliance Officer Membership No.: A 34723 Encl.: As above VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 Production Release for the Second Quarter ended Sep 30, 2026 Vedanta Iron And Steel Limited Regd. Office: Vedanta Iron And Steel Limited C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 www.vedantaironandsteel.com CIN: L24109MH2023PLC411777 Vedanta Iron And Steel Limited Production Release for the Second Quarter ended September 30, 2026 Mumbai, Oct 3, 2026: Vedanta Iron And Steel Limited today announced its production numbers for the second quarter ended September 30, 2026. Editor’s Synopsis  Steel - Saleable production increased 4% YoY.  Hot Metal Production up 3% YoY. Iron ore: Particulars Q2 Q1 H1 % % % (In Mn DMT) FY 27 FY 26 FY 27 FY 27 FY 26 Change Change Change Production of Saleable Ore 1.52 1.75 -13% 2.64 -43% 4.16 4.29 -3% Goa 0.10 0.08 22% 0.63 -85% 0.72 0.31 130% Karnataka 0.51 0.99 -49% 0.85 -41% 1.36 2.56 -47% Karnataka BHQ Material* 0.25 0.38 -33% 0.50 -50% 0.75 1.28 -41% (Included in above) Odisha 0.91 0.68 34% 1.16 -21% 2.08 1.42 46% o IOG: Production at Goa mines increased by 22% YoY, driven by the ramp-up of mining operations and enhanced processing capacity. o IOK: Q2 saleable ore production aligned with the revised estimates, in accordance with the updated mine plan. o IOO: Saleable ore production recorded consistent growth of 34% YoY, driven by higher operational efficiency. *Note – The ore mined from Karnataka Mines (IOK) includes the BHQ (mentioned in the table separately), which the company will be processing once the beneficiation plant is commissioned. Registered Office: Vedanta Iron And Steel Limited C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra- 400 093 CIN: L24109MH2023PLC411777 Production Release for the Second Quarter ended Sep 30, 2026 Steel: Particulars Q2 Q1 H1 Production (In '000 tonnes) FY 27 FY 26 % FY 27 % FY 27 FY 26 % Change Change Change Hot Metal 552 533 3% 601 -8% 1153 1116 3% Bokaro 315 295 7% 363 -13% 679 665 2% Goa 236 238 -1% 238 -1% 474 451 5% Saleable Production 532 512 4% 582 -9% 1114 1074 4% Pig Iron 277 279 -1% 291 -5% 568 548 4% Billets 12 18 -31% 20 -40% 32 24 37% TMT Bar 112 100 12% 132 -15% 244 235 4% Wire Rod 108 108 0% 109 -1% 218 218 0% Ductile Iron Pipes 22 7 225% 30 -26% 52 48 8% Highlights: o Total Saleable production is up 4% YoY for Q2’27 and H1’27. o Hot Metal production up 3% YoY for Q2’27 and H1’27. o Saleable production in Q2’27 is lower against Q1 due to scheduled furnace maintenance. Note: Vedanta Iron and Steel Limited (“VISL”) became effective on May 1, 2026 following Vedanta’s demerger. The operational performance is presented for the full quarter of the business constituents of VISL, as they exist at the end of first quarter of FY2027, for meaningful like-for-like comparison with historical performance. About Vedanta Iron And Steel Limited: Vedanta Iron And Steel Limited (NSE: VISL; BSE: 544784) is a fully integrated iron and steel company with over 70 years of mining heritage. Operating across India and Africa, VISL spans iron ore mining, processing, and steel manufacturing through businesses including Sesa Iron Ore, ESL Steel, and Western Cluster Limited. With a diversified portfolio of iron ore, steel, pig iron, TMT bars, wire rods, DI pipes, ferro-silicon, cement, and metallurgical coke, VISL is committed to driving sustainable growth, industrial progress, and nation-building. Sustainability anchors the Company’s strategy, guided by strong ESG governance, people-first workplaces, and a commitment to achieving net-zero emissions by 2050 or sooner. By operating at the intersection of resources, technology and human potential, VISL is strengthening economies, empowering communities, and creating enduring value for all stakeholders. For more information, please visit www.vedantaironandsteel.com Vedanta Iron And Steel Limited Sesa Ghor, 20 EDC Complex Patto, Panjim, Goa - 403 001 www.vedantaironandsteel.com Registered Office: Regd. Office: 1st Floor, ‘C’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (East), Mumbai – 400 093 CIN: L24109MH2023PLC411777 Disclaimer This press release contains “forward looking statements” – that is, statements related to future, not past, events. In this context, forward looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward–looking statements by their nature Registered Office: Vedanta Iron And Steel Limited C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra- 400 093 CIN: L24109MH2023PLC411777 Production Release for the Second Quarter ended Sep 30, 2026 address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. For any Investor enquiries, please contact: Mr. Charanjit Singh, Group Head – Investor Relations (vedantaltd.ir@vedanta.co.in) For any media queries, please contact: Ms. Sonal Choithani, Group Chief Brand & Communications Officer (Sonal.Choithani@vedanta.co.in) Registered Office: Vedanta Iron And Steel Limited C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra- 400 093 CIN: L24109MH2023PLC411777