Vedanta Power (VEDPOWER) Q4 24/25 earnings summary

Executive summary

• FY25 EBITDA ₹1,071 crore; plant availability 81%, with full capacity charges recovered and fly-ash utilization at 118%.

• Net profit ₹31.84 crore versus ₹602.15 crore in FY24; prior-year earnings included a ₹794.26 crore exceptional gain before tax.

Financial highlights

• Revenue from operations ₹5,223.40 crore in FY25 versus ₹5,256.05 crore in FY24; total income ₹5,244.21 crore versus ₹5,309.00 crore.

• Total expenses ₹5,234.01 crore versus ₹5,347.47 crore; PBT ₹10.20 crore versus ₹755.79 crore, with FY24 including the exceptional gain.

• Finance costs fell to ₹619.08 crore from ₹667.70 crore, attributed to lower borrowings; EBITDA was ₹1,071 crore versus ₹1,089 crore.

• Operating EBITDA of ₹1,071 crore exceeded the ₹1,014 crore business plan target.

Outlook and guidance

• Management targets 100% infrastructure-metric compliance by FY26, from more than 95% in FY25.

• Meenakshi Energy Phase 1 (300 MW) is operational; Phase 2 (700 MW) and Chhattisgarh Thermal Power Plant Unit 1 (600 MW) were on track for commissioning in Q1 FY26.

• FY26 priorities include strengthening operational excellence, safety and sustainability, while accelerating digital transformation.