The announcement was made during market hours today.

Vedanta is a step-down subsidiary of Vedanta Resources. Vedanta houses the Group’s base metals portfolio, including Zinc India, Zinc International, copper and other emerging businesses such as nickel. The entity, through its subsidiary Hindustan Zinc, is among the largest producers of zinc, lead and silver, commanding a strong market position in India.

The company had reported 152% jump in consolidated net profit to Rs 5,294 crore in Q1 FY27 from Rs 2,102 crore in Q1 FY26. Consolidated revenue for the period under review was Rs 23,456 crore, up 51% YoY.

The scrip shed 0.04% to end at Rs 258.90 on the BSE.