Vedanta Aluminium Metal Q1 PAT Triples to ₹6,597 Crore

VAML is India’s largest aluminium producer, with a 5 million tonne per annum alumina refinery in Lanjigarh, Odisha, and smelters at Jharsuguda and BALCO. The Jharsuguda plant is the world’s biggest aluminium smelter, with 1.85 MTPA capacity and 3,615 MW of captive thermal power.

The board also approved a deal with Serentica Renewable India to integrate a 150 MW round-the-clock battery storage system. The project will convert an existing 600 MW solar power agreement into a 24-hour renewable supply, supporting the company’s decarbonisation targets. VAML will invest ₹165 crore for a 26% stake in the project under a group captive structure.

The demerged entities – VAML, Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel – began trading on June 15. The parent, Vedanta Ltd, retains a controlling stake in each.