Vedanta’s historic year, strong margins and deleveraging path: Management on post-demerger strategy, listing timeline and capital allocation

Vedanta anticipates a historic FY26, driven by record profitability in its aluminium and zinc businesses with margins at 38% and 50% respectively. The company confirmed a demerger effective May 1, with all four newly listed entities trading by end-June. Management also outlined a clear deleveraging plan for Vedanta Resources, aiming to reduce debt to $3 billion over three years.

from Economic Times https://ift.tt/gRXxBLE