7 months ago
Vedanta and REC Report Q3 2025 Results
Vedanta, a big mining company, made a lot of money in the third quarter of 2025.
They earned ₹5,710 crore in profit, which is a lot more than last year.
Their revenue also went up by 16.9%.
Another company, REC, which lends money for power projects, made a little more profit than last year but not as much as in the previous quarter.
They also announced they will give some of their profits back to their shareholders as dividends.
Reliance Power, led by Anil Ambani, reported a profit of ₹41.95 crore for Q3FY25, a significant improvement from a loss in the same period last year.
However, their revenue declined by 4.6% compared to the previous year.
Both Vedanta and REC are doing well, but Vedanta had a bigger increase in profits.
Vedanta reported a 60.9% increase in profit to ₹5,710 crore for Q3 2025, with revenue rising 16.9% to ₹23,369 crore.
REC reported a modest 0.35% increase in net profit to ₹4,043 crore, with revenue up 5.3% to ₹14,910.88 crore.
Vedanta's EBITDA surged 37% to ₹6,866 crore, with a stable EBITDA margin of 29.4%.
REC declared a third interim dividend of 46%, amounting to ₹4.60 per equity share, with improved asset quality indicators.
Reliance Power reported a profit of ₹41.95 crore for Q3FY25, a significant improvement from a loss of ₹1,136.75 crore in Q3FY24, but revenue declined by 4.6% to ₹1,852 crore.
- Who
- Vedanta Ltd, REC, and Reliance Power
- What
- Reported financial results for Q3 2025 and Q3FY25
- Where
- India
- When
- Third quarter ended December 31, 2025, and Q3FY25
- Why
- To provide updates on their financial performance and strategic initiatives
Vedanta's Strong Performance
REC's Modest Growth
Profit Growth
Vedanta's Strong Performance
Vedanta reported a 60.9% increase in profit to ₹5,710 crore, driven by higher revenue and operational efficiency.
REC's Modest Growth
REC reported a modest 0.35% increase in net profit to ₹4,043 crore, with a sequential decline of 8.6%.
Revenue Growth
Vedanta's Strong Performance
Vedanta's revenue rose 16.9% to ₹23,369 crore, reflecting strong operational performance.
REC's Modest Growth
REC's revenue increased by 5.3% to ₹14,910.88 crore, with a slight sequential decline of 1%.
Dividend Declaration
Vedanta's Strong Performance
Vedanta declared a total dividend of ₹23 per equity share for FY26, indicating strong cash flow and shareholder returns.
REC's Modest Growth
REC declared a third interim dividend of 46%, amounting to ₹4.60 per equity share, reflecting stable financial health.
Key facts
- Vedanta Q3 Profit
- ₹5,710 crore
- Vedanta Revenue
- ₹23,369 crore
- Vedanta EBITDA
- ₹6,866 crore
- Vedanta EBITDA Margin
- 29.4%
- REC Q3 Profit
- ₹4,043 crore
- REC Revenue
- ₹14,910.88 crore
- REC Dividend
- ₹4.60 per share
- REC Gross NPA Ratio
- 0.88%
- REC Net NPA Ratio
- 0.20%
- REC CRAR
- 24.26%
- Reliance Power Q3FY25 Profit
- ₹41.95 crore
- Reliance Power Q2FY25 Profit
- ₹2,878.15 crore
- Reliance Power Q3FY24 Loss
- ₹1,136.75 crore
- Reliance Power Q3FY25 Revenue
- ₹1,852 crore
Timeline
NCLT Mumbai halts Vedanta's demerger over debt, lawsuit fears.
Then, petroleum ministry's concerns block demerger progress.
Vedanta overcomes ministry's objections, NCLT approves demerger.
Shares soar to record high on demerger news.
Vedanta's Q3 profit surges 19%, outpacing REC's growth.
Quotes
Vinod Bahety
Whole Time Director and CEO, Ambuja Cements
“The cost leadership journey has resulted in a 2 per cent lower cost of sales in Q3 (same for 9 months FY26 is 3 per cent) YoY and enabled our existing assets to deliver EBITDA of Rs 850 PMT in Q3 (Rs 1,045 in 9M), and an overall EBITDA of Rs 718 PMT in Q3 (Rs 943 in 9M). The One Cement Platform will help us to accelerate on our efforts on efficiency and growth”
NDTV
“We are now working to fix some of the specific issues on cost, importantly, power cost, share of green power, fuel efficiency, improvement of WHRS/AFR, improvement of logistics cost, which is part of the blueprint to achieve the targeted cost of Rs 3,650 PMT by March 2028”
NDTV
Ambuja Cements
A leading cement company in India
“Our growth trajectory, operational excellence, capital efficiency, strengthen our leadership position and long-term value creation”
NDTV
Sources
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