Investor Presentation

VEDL/Sec./SE/26-27/78 July 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” Dalal Street, Fort Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500295 Scrip Code: VEDL Sub: Outcome of Board Meeting held on July 30, 2026 – Press Release and Investor Presentation Dear Sir/Madam, In continuation to our Letter No. VEDL/Sec./SE/26-27/77 dated July 30, 2026, declaring the Unaudited Consolidated and Standalone Financial Results of Vedanta Limited (the “Company”) for the First Quarter ended June 30, 2026 (“Financial Results”), please find enclosed herewith the following: 1. Press Release in respect to the Financial Results; and 2. Investor Presentation on the Financial Results. The Press Release and Investor Presentation shall also be made available on the website of the Company at www.vedantalimited.com. The meeting of the Board of Directors of the Company commenced at 02:30 p.m. IST and concluded at 03:00 p.m. IST. We request you to please take the above on record. Thanking you. Yours faithfully, For Vedanta Limited Prerna Halwasiya Company Secretary and Compliance Officer Enclosed: As above Sensitivity: Public (C4) Vedanta Limited Regd. Office: Vedanta Limited 1st Floor, ‘C’ Wing Unit 103, Corporate Avenue, Atul Projects Chakala, Andheri (East) Mumbai 400093, Maharashtra www.vedantalimited.com CIN: L13209MH1965PLC291394 Vedanta Limited Q1-FY27 Profit surges 152% YoY on Record Operational Performance Highest-ever PAT at ₹5,294 crore up 152% YoY Best-ever EBITDA of ₹8,469 crore, up 98% YoY Mumbai, July 30, 2026: Vedanta Limited (VEDL) today announced its Unaudited Consolidated Results for the First Quarter ended 30th June 2026. Financial Highlights Q1 FY27: o Achieved Consolidated Revenue of ₹23,456 crore, up 51% YoY and down 1% QoQ o Best-ever Consolidated EBITDA of ₹8,469 crore, up 98% YoY and 9% QoQ o EBITDA margin# of 57%, up by 985 bps YoY and 225 bps QoQ o Highest-ever Profit after tax of ₹5,294 crore, up 152% YoY and 24% QoQ o Net Debt/EBITDA ratio stands at 0.30x, best-in-class in the industry o Net Debt reduced by ₹2,223 crore in Q1 o Strong Return on Capital Employed at 29%, reflecting disciplined capital allocation o ICRA and CRISIL both upgraded Vedanta Limited credit rating to AA+/stable o Strong liquidity with Cash & Cash Equivalent at ₹19,992 crore o Overall borrowing cost reduced to less than 8.5% p.a. o Invested Growth Capex of ₹1,148 crore in Q1 FY27 o Combined market cap of all Demerger resulting companies grew by over ₹ 71k crore in Q1 o At parent, Vedanta Resources Limited (VRL) deleveraged by $1.1 billion at Group level o VRL has also successfully tied up following: o $1.75 bn of international bonds at avg. coupon rate of 7.4% and avg. maturity of 8.5 years o $2.25 bn of syndicate term loan at ~6.4% interest rate with an avg. maturity of 3 years o VRL got credit rating upgrades: S&P rating of BB, Fitch rating of BB with Stable outlook, and Moody’s Rating of Ba3 with Positive outlook Business Highlights Q1FY27: Key businesses continue to deliver strong operating performance: *Financials in this release are for Vedanta Limited’s continuing operations, refer to disclaimer at the end of release # Excludes copper business Registered Office: Vedanta Limited 1st Floor, ‘C’ Wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Page 1 of 5 Andheri (East), Mumbai 400093, Maharashtra, India. CIN: L13209MH1965PLC291394 SSeennssiittiivviittyy:: IInntteerrnnaall ((CC33)) Results for the First Quarter ended 30 June 2026 ▪ Zinc India o Record Q1 mined metal of 268 kt up 1% YoY o Refined Metal production at 260 kt up 4% YoY o Silver production at 149 tonnes flat YoY o Lowest Zinc COP post underground transition at 851 $/t, lower by 16% YoY ▪ Zinc International o Mined metal production at Zinc International down 14% YoY to 48 kt, as Deep’s mine at Black Mountain is nearing end of life. o Gamsberg’s production at 45 kt flat YoY ▪ Copper o Silvassa records highest Q1 plant sales in last 8 years at 53kt up 3% YoY o Copper Rod sales at Fujairah down 51% YoY, impacted with the closure of the Strait of Hormuz ▪ Facor o Highest ever ore production at 153kt up 41% YoY o Ferrochrome production at 29kt up 4% YoY ▪ Ports (Vizag General Cargo Berth) o Record discharge volume of 2,358 kt up 40% YoY o Dispatch volume at 1,652 kt up 11% YoY Commenting on Q1FY27 results, Mr. Arun Misra, Executive Director, Vedanta Ltd, said, “We have delivered a strong start to FY27, with robust performance across all business segments of demerged Vedanta. Zinc India registered its highest-ever first-quarter mined metal production. FACOR delivered its highest-ever quarterly ore production and EBITDA. Copper India recorded its highest first-quarter sales in eight years. Zinc International continued to build momentum at Gamsberg, with Phase 1 output rising sequentially and Phase 2 on track to commence this quarter. This consistent operational execution across our portfolio reflects the strength of our underlying asset base and our continued focus on volume growth, cost efficiency and value creation.” Mr. Ajay Goel, Group CFO, Vedanta, said, “Vedanta’s demerger is unlocking significant shareholder value, with combined market cap of resulting companies growing by over ₹71,000 crore in the 1st quarter. Vedanta Limited has delivered strong Q1 results with continuing operations PAT growing to ₹5,294 crore, up 152% YoY & EBITDA to ₹8,469 crore, up 98% YoY. With net debt reduced by ₹2,223 crore in the quarter, VEDL has got AA+/Stable credit rating upgrade from both ICRA & CRISIL.” Q1FY27 ESG Highlights • Achieved zero fatalities across operations in Q1 FY27 while improving safety performance, with LTIFR reduced to 0.51 and TRIFR reduced to 1.34. • Consumed 0.291 billion units of renewable energy, supporting Vedanta's Net Zero 2050 ambition • Achieved a 42% water recycling rate and recycled 6.6 million m³ of water, supported by rainwater harvesting, water recycling, and water efficiency projects across businesses. Results for the First Quarter ended 30 June 2026 • Invested ₹107.5 crore in CSR initiatives during Q1 FY27, positively impacting 1.76 million lives across the world. The initiatives empowered 0.46 million Families through skill-development programs, and provided social welfare support to 9.05 million women and children cumulative till date. Consolidated Financial Performance – (In ₹ crore, except as stated) 1Q 1Q % Change 4Q % Particulars Change FY2027 FY2026 YoY FY2026 QoQ Revenue 23,456 15,537 51% 23,731 (1%) Other Operating Income 749 217 - 878 (15%) EBITDA 8,469 4,267 98% 7,785 9% EBITDA Margin1 57% 47% 10% 54% 2% Finance cost 662 609 9% 694 (5%) Investment Income 449 300 50% 321 40% Exchange Gain/ (Loss)- Non- operational and 125 91 37% (129) - others Profit before depreciation and taxes 8,381 4,049 107% 7,283 15% Depreciation & Amortization 1,192 1,116 7% 1,332 (11%) Profit before tax 7,189 2,933 145% 5,951 21% Tax Charge 1,895 831 - 1,684 13% Profit After Tax 5,294 2,102 152% 4,267 24% 1Excludes copper business ▪ Revenue: o Consolidated revenue at ₹23,456 crore, up 51% YoY & down 1% QoQ driven by higher LME, premium, and forex gain ▪ EBITDA and EBITDA Margin: o EBITDA increased by 98% YoY to ₹8,469 crore mainly driven by higher LME, premiums, forex gains and higher volumes o Increased by 9% QoQ mainly due to higher LME, premiums and forex gains. o EBITDA margin* of ~57%, up 985 bps YoY ▪ Depreciation & Amortization: o Depreciation & Amortization at ₹1,192 crore for 1QFY27, decreased QoQ mainly due to lower ore production at Hindustan Zinc Ltd. o Increased YoY mainly due to increased ore production at Zinc International and Facor. ▪ Finance Cost: o Finance cost is higher 9% YoY and lower 5% QoQ ▪ Taxes: o Normalized ETR is 26% vs 28% in Q1’ FY26, lower due to reduced losses in subsidiaries wherein DTA is not recognized. ▪ Profit After Tax * Excluding copper business Results for the [Showing first 8,000 characters — download PDF for full document]