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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Vedanta Iron And Steel Ltd

Vedanta Iron And Steel H1 FY27 EBITDA Up 54% to ₹598 crore

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 27 Oct 2026, 04:43 PM IST  ·  BSE ID: 0463d925-c10c-4b2b-b128-fc4acb54b381
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported improved financial results for the first half of FY27, with higher earnings and revenue, and a reduced loss.
🤖 AI Summary
  • H1 FY27 EBITDA increased 54% year-on-year to ₹598 crore for Vedanta Iron And Steel Limited.
  • H1 FY27 revenue grew 8% year-on-year to ₹6,450 crore; EBITDA margin expanded 275 bps to 9%.
  • Loss after tax for H1 FY27 was ₹203 crore, significantly lower than ₹622 crore loss in H1 FY26.
  • Steel production for H1 FY27 rose 4% year-on-year to 1.114 million tonnes.
  • CRISIL assigned VISL an AA/Stable credit rating during Q2 and H1 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
H1 FY27 Revenue
₹6,450 crore
+8%
H1 FY27 EBITDA
₹598 crore
+54%
H1 FY27 EBITDA Margin
9%
+275 bps
H1 FY27 Loss After Tax
₹203 crore
Q2 FY27 Revenue
₹2,788 crore
-2%
Q2 FY27 EBITDA
₹83 crore
+56%
Q2 FY27 EBITDA Margin
3%
+112 bps
Q2 FY27 Loss After Tax
₹324 crore
H1 FY27 Steel Production
1.114 million tonnes
+4%
H1 FY27 Pig Iron Production
568 kt
+4%
H1 FY27 Iron Ore Production
4.2 million tonnes
-3%
🏢 How This Affects the Company
📈
Business Impact
VISL's integrated mining and steel operations supported a 4% year-on-year production growth in steel, reaching 1.114 million tonnes for H1 FY27. The company's focus on operational efficiency and cost management is reinforced by planned plant shutdowns for asset reliability.
💰
Financial Impact
EBITDA for H1 FY27 increased 54% to ₹598 crore, and revenue rose 8% to ₹6,450 crore. The loss after tax significantly reduced to ₹203 crore in H1 FY27 from ₹622 crore in H1 FY26, indicating improved operating earnings. EBITDA margin expanded by 275 bps YoY to 9%.
⚙️
Operational Impact
Steel production for H1 FY27 increased 4% to 1.114 million tonnes. Highest ever half-yearly Pig Iron production at 568 KT was recorded, up 4% YoY. Planned shutdowns at Bokaro and Goa operations were completed to enhance asset reliability for H2 FY27.
⚠️
Risk Impact
The AA/Stable credit rating from CRISIL provides an independent assessment of the company's financial profile. Quarterly performance in Q2 FY27 was affected by seasonal disruptions, planned plant shutdowns, and higher input/conversion costs, weighing on operating profitability.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's H1 FY27 financial performance, including the 54% year-on-year EBITDA growth and the reduced loss after tax of ₹203 crore.
🔍
Management Signal
The management's focus on operational efficiency, cost management, and disciplined capital allocation is evident from the improved H1 FY27 operating results and credit rating.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for sustained operating performance and loss reduction.
Updates on ongoing Capex projects like Ductile Iron Pipe and ESL Phase 1A.
Further details on renewable energy initiatives and CO2 emission reduction targets.
MEDIUM RISK Company continues to report losses after tax despite improved operating metrics. Quarterly performance was affected by seasonal disruptions and higher costs.
💡 Investor Takeaway
Vedanta Iron And Steel reported a H1 FY27 EBITDA increase of 54% to ₹598 crore, with revenue at ₹6,450 crore. The loss after tax reduced significantly to ₹203 crore in H1 FY27 from ₹622 crore in H1 FY26. These results reflect improved operating performance and financial discipline.
⚖️ Strengths & Concerns

✅ Positives

  • H1 FY27 EBITDA increased 54% year-on-year to ₹598 crore, with EBITDA margin expanding 275 basis points to 9%.
  • Loss after tax for H1 FY27 significantly reduced to ₹203 crore from ₹622 crore in H1 FY26.

⚠️ Concerns

  • Q2 FY27 loss after tax was ₹324 crore, indicating continued quarterly losses for the company.
  • Q2 FY27 revenue from operations was ₹2,788 crore, a 2% year-on-year decrease.
📅 Company Track Record
Vedanta Iron And Steel Limited (CIN: L24109MH2023PLC411777) was incorporated in 2023. This is the first financial results filing found for the company, providing initial public track record. The demerger became effective on May 1, 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Vedanta Iron And Steel's EBITDA for H1 FY27?
Vedanta Iron And Steel's EBITDA for H1 FY27 was ₹598 crore, marking a 54% year-on-year increase.
What was the revenue for Vedanta Iron And Steel in H1 FY27?
The revenue for Vedanta Iron And Steel in H1 FY27 was ₹6,450 crore, an 8% year-on-year rise.
Did Vedanta Iron And Steel make a profit in H1 FY27?
Vedanta Iron And Steel reported a loss after tax of ₹203 crore for H1 FY27, which is a significant reduction from the ₹622 crore loss in H1 FY26.
What was Vedanta Iron And Steel's steel production in H1 FY27?
Vedanta Iron And Steel's steel production for H1 FY27 was 1.114 million tonnes, representing a 4% year-on-year growth.
What credit rating did Vedanta Iron And Steel receive in Q2 FY27?
CRISIL assigned Vedanta Iron And Steel an AA/Stable credit rating during Q2 and H1 FY27.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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