Vedanta Group stocks surged in morning trade on Friday, October 30, after the group companies announced Q2 FY27 earnings. At 10:31 AM, Vedanta Power was up 13.57 % at ₹32.80 on the NSE, later peaking 17.3 % higher at ₹33.89 against the previous close of ₹28.88. Vedanta Oil and Gas shares leapt 18 % to ₹32.90. Vedanta Ltd shares edged 0.21 % higher at ₹235.05. In contrast, Hindustan Zinc fell nearly 3 % to ₹501.25, while Vedanta Iron And Steel rose 2.65 % to ₹25.96 and Vedanta Aluminium Metal dipped 1.66 % to ₹343.15.

A top company official confirmed that the Vedanta Group has earmarked $25 billion for investments over the next three years, targeting capacity expansion across its existing businesses through organic growth and brownfield projects. Chairman Anil Agarwal, who visited the city on Wednesday, said the conglomerate would prioritise growth of its current assets while staying open to acquiring public‑sector assets when opportunities arise. He added that the capital expenditure would support the group’s ambition to become one of the world’s largest mining firms in critical metals and to emerge as a leading silver producer within three to four years.

Vedanta Oil and Gas Ltd reported a net profit of ₹746 crore for Q2 FY27, a turnaround from a ₹152 crore loss in the preceding April‑June quarter. The company, which was formed only in May after demerging from Vedanta Ltd, saw oil and gas production fall 19 % year‑on‑year to 72,200 barrels of oil and oil‑equivalent gas per day. However, the average price rose 40 % to $97 per barrel, up from $69.1. Revenue for the September quarter reached ₹2,486 crore, while first‑half FY27 revenue rose 8 % to ₹4,993 crore and EBITDA climbed 14 % to ₹2,625 crore. The firm is focusing on well interventions and artificial lift optimisation to improve recovery from mature assets in Rajasthan and the Ravva field, where a positive reversal trend is emerging.

Vedanta Power posted a profit before exceptional items of ₹101 crore for the September quarter, reversing a ₹142 crore loss a year earlier. Higher electricity sales, improved realisations and stronger plant availability drove a sharp recovery in operating performance. Revenue rose 38 % year‑on‑year to ₹2,908 crore, while EBITDA more than doubled to ₹421 crore from ₹190 crore a year earlier. Net profit stood at ₹83 crore, compared with a loss of ₹1,688 crore in the year‑earlier quarter that included exceptional items of ₹1,547 crore. Earnings per share turned positive for the first time at ₹0.21. Power sales increased 26 % year‑on‑year to 5,593 million units, and net realisation rose to ₹5.20 per kilowatt‑hour from ₹4.74.

Mining major Vedanta Ltd reported a more than two‑fold rise in consolidated net profit to ₹3,650 crore for Q2 FY27, driven by higher commodity prices, favourable forex and higher volumes. In the year‑ago period, the Anil Agarwal‑led company posted a consolidated net profit of ₹1,798 crore. Revenue from operations during the second quarter increased to ₹26,356 crore from $16,736 crore a year ago. Total expenses rose to ₹18,476 crore from ₹13,793 crore. Vedanta’s gross debt stood at ₹30,297 crore as of September 30, 2026. The company said it invested ₹1,135 crore towards growth projects, advancing capacity expansions, mine development and resource security initiatives across the portfolio.

Vedanta Aluminium Metal Ltd (VAML) reported a more than two‑fold jump in consolidated net profit to ₹5,167 crore for the September quarter of FY27, driven by record production, enhanced cost competitiveness and continued progress on strategic integration initiatives. The company posted a consolidated net profit of ₹2,373 crore in the year‑ago period. Revenue rose to ₹22,066 crore in the second quarter, up 41 % YoY, supported by higher volumes and improved marketing mix. Vedanta Aluminium achieved its highest‑ever quarterly aluminium production of 6,49,000 tonnes, up 5 % YoY. Value‑added production reached a record 4,32,000 tonnes, up 31 % YoY, while alumina production hit a new quarterly high of 8,95,000 tonnes, up 37 % YoY.