- Vedanta Oil & Gas reported a consolidated net profit of ₹945 crore for Q1 FY27, a significant recovery from a net loss of ₹476 crore in the previous quarter.
- The company's total revenue from operations was ₹2,507 crore, reflecting a 3% decrease quarter-on-quarter.
- Vedanta Iron & Steel and two other recently-demerged Vedanta Group stocks fell by up to 4.5% following the Q1 results announcement.
- Vedanta Oil & Gas achieved an EBITDA of ₹814 crore, which is a 7.7% decline from the previous quarter.
- The EBITDA margin expanded to 32.47% in Q1 FY27, compared to 34.08% in Q4 FY26.
- Vedanta Oil & Gas reported an average gross operated production of 77.7 kboepd across its assets.
- The company also announced a gas discovery in the Kaam BCP-1ST well as part of its Deep Gas exploration campaign.
Vedanta Oil & Gas reported a net profit of ₹945 crore for Q1 FY27, a significant recovery from a ₹476 crore loss in the previous quarter. The company's revenue from operations decreased by 3% quarter-on-quarter to ₹2,507 crore, down from ₹2,588 crore in Q4 FY26.1246
Despite the revenue dip, EBITDA was reported at ₹814 crore, reflecting a 7.7% decline from ₹882 crore in the previous quarter. The EBITDA margin, however, expanded to 32.47% compared to 34.08% in Q4 FY26, indicating improved operational efficiency.5
The company achieved an average gross operated production of 77.7 kboepd and total gross oil and gas production reached 7.1 million boe. Additionally, Vedanta Oil & Gas announced a gas discovery in the Kaam BCP-1ST well, part of its Deep Gas exploration campaign in Rajasthan's Barmer Basin.7
CEO Pankaj Kumar Sharma highlighted that higher iron ore production and operational efficiencies across steel businesses contributed to strong margin improvement, despite a dynamic market environment. As of July 29, 2026, the company's market capitalisation stood at ₹13,807.58 crore.
“The company's total revenue from operations reached ₹2,507 crore, reflecting a 3% decrease quarter-on-quarter. Additionally, Vedanta Oil & Gas announced a gas discovery in the Kaam BCP-1ST well, enhancing its exploration portfolio in the Kameshwari-Graben area.”
