Vedanta board to consider second interim dividend on Aug 21. Check record date

Metal major Vedanta’s board of directors will meet on Thursday, August 21 to consider and approve the second interim dividend on equity shares for the financial year 2025-26. The company has fixed the record date to determine the eligibility of shareholders for dividend on Wednesday, August 27.

Vedanta’s first interim dividend was Rs 7 per share which was announced on June 18. The payout was Rs 2,737 crores.

Vedanta has declared 44 dividends since September 9, 2003 according to Trendlyne data. In the past 12 months, Vedanta has declared an equity dividend amounting to Rs 35.50 per share. At the current share price of Rs 438.20, Vedanta’s dividend yield is 8.10%.

The company posted its first quarter results for FY26, reporting a 11.7% year-on-year (YoY) decline in its consolidated net profit to Rs 3,185 crore. However, the company’s revenue from operations rose by 5.75% YoY to Rs 37,824 crore, up from Rs 35,764 crore reported a year ago.

The net profit is comparable to Rs 3,606 crore posted in the same quarter of the previous financial year. The net profit is attributable to the owners of the company.

Sequentially, the company’s profit attributable to the owners declined by 8.5%, down from Rs 3,483 crore reported in the previous quarter.Vedanta, in its press release, had then informed that the company’s net debt/ EBITDA stood at 1.3x and the credit rating is reaffirmed at AA. The Anil Aggarwal-led company also recorded its highest ever first-quarter EBITDA at Rs 10,746 crore (5% jump YoY), supported by margin expansion of 81 bps to 35%.With Lanjigarh recording its highest-ever Alumina production at 587 kt (+9% YoY), Vedanta is on track to achieve 3 MMT record volume in FY26. Additionally, the company has also commissioned 950 MW of Merchant Power Capacity YTD, taking the total merchant power generation capacity to 3.83GW.