Metals and mining major Vedanta Group expects strong financial growth in the financial year 2026–27, targeting group earnings before interest, tax, depreciation and amortisation (EBITDA) of around $10 billion. The company also plans to reduce its overall debt by more than ₹20,000 crore during the year, according to Chief Financial Officer (CFO) Ajay Goel.
Speaking after the company’s first quarterly earnings following its demerger process, Goel said Vedanta is confident of maintaining its growth momentum, supported by strong performance across most of its businesses. He said the company’s focus would remain on improving operational efficiency, strengthening cash flows and reducing financial liabilities.
The group has already accelerated its debt reduction strategy, with Vedanta Resources, the parent company, lowering its debt by $1.1 billion during the first quarter of FY27. The company has also undertaken refinancing initiatives that reduced funding costs by around 280 basis points. According to Vedanta, the reduction in borrowing costs is expected to lower annual interest expenses by more than ₹1,000 crore, further strengthening the group’s balance sheet.
The company’s leadership said the planned deleveraging measures, combined with improved earnings performance, will help create a stronger financial foundation for future growth. Vedanta’s outlook reflects its confidence in sustaining profitability across its metals and mining operations while maintaining a disciplined approach towards debt management.
