Diversified natural resources major Vedanta Ltd has named Arun Misra as its Chief Executive Officer for a one-year term starting August 1, 2026. Misra, who currently serves as Executive Director at Vedanta and CEO of subsidiary Hindustan Zinc (which recently appointed ex-SAIL chief Amarendu Prakash as its new leader), takes charge as the company posts stellar operational and financial growth.
Coinciding with the leadership transition, Vedanta reported a 71.8% year-on-year (YoY) jump in consolidated net profit to ₹5,473 crore ($572.4 million) for the April–June quarter (Q1 FY27), significantly aided by higher base metal realizations and operational efficiencies.
Key Financial Metrics (Q1 FY27 vs Q1 FY26)
| Financial Metric | Q1 FY27 Result | Q1 FY26 (YoY) | YoY Growth / Expansion |
| Consolidated Net Profit | ₹5,473 Crore | ₹3,185 Crore | +71.8% YoY |
| Total Revenue from Operations | ₹24,205 Crore | ₹15,754 Crore | +53.6% YoY |
| EBITDA | ₹8,501 Crore | ₹4,276 Crore | +98.8% YoY |
| EBITDA Margin | 35.1% | 27.1% | +800 bps expansion |
| Total Expenses | ₹175.58 Billion | — | +33% YoY |
Core Segment Drivers & Commodity Rally
The strong quarterly performance was largely propelled by a rally in global metal prices driven by supply constraints and geopolitical volatility in West Asia:
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Zinc & Lead: Revenue from the India zinc and lead operations jumped nearly 50% YoY, supported by a 31% YoY surge in spot zinc prices and record first-quarter mined metal production.
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Copper & Silver: Copper revenue rose 34% YoY (on a 40% jump in spot prices), while the India silver segment saw revenue more than double, fueled by silver prices surging over 100%.
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Demerger Value Unlock: Following its multi-way demerger into standalone pure-play units earlier this year, Vedanta also announced a draft scheme to demerge its surplus real estate assets into a newly listed entity (Vedanta Property Platforms Ltd), offering 1 share for every 20 shares held.
