Vedanta Power Q1 Results: Company logs quarterly loss of Rs 449 crore

Vedanta Power Ltd on Wednesday reported a standalone loss of Rs 449 crore for the quarter ended June 30, 2026.

However, the newly-listed company had posted a net profit of Rs 75 crore in the year-ago period.

The company, recently carved out from the diversified Vedanta Resources Ltd as an independent entity, reported a total income of Rs 1,844 crore in Q1 FY27, up from over Rs 1,734 crore in the corresponding quarter of the preceding fiscal.


Total expenses rose to Rs 1,985 crore from Rs 1,638 crore in the year-ago period, Vedanta Power said in a filing to the BSE.

The consolidated loss of the company stood at Rs 423 crore during the first quarter of the current fiscal. However, the firm had reported a consolidated net profit of Rs 88 crore in the year-ago period.

The consolidated income during the first quarter increased to Rs 2,616 crore in Q1 FY27 against Rs 1,991 crore in the year-ago period.

"Our maiden quarter as a standalone listed company marks an important milestone for Vedanta Power. Strong revenue and power sales, backed by operational excellence, fuel security, improved credit ratings and sustainability initiatives, demonstrate the resilience of our business and future readiness," Vedanta Power Chief Executive Officer Rajinder Singh Ahuja said in a statement.

The company said power sales in Q1 FY27 jumped 38 per cent year-on-year, propelled by enhanced generation across its key assets.

The company further strengthened its business resilience with 74 per cent of power sales secured under long-term and medium-term power purchase agreements (PPAs) in Punjab and Odisha, a 500 MW contract with Tamil Nadu and the recently secured 100 MW contract with Kerala. ​

"Our Q1 performance reflects the resilience of Vedanta Power's diversified business model...We remain well positioned to support our growth pipeline and create sustainable stakeholder value," Vedanta Power Chief Financial Officer Pankaj Jha said.

​Vedanta Power shares were listed on the BSE and the National Stock Exchange (NSE) last month and the quarter marks its first set of results as an independently listed entity.

The listing ceremony, on June 15, was led by Vedanta Group Chairman Anil Agarwal.

Vedanta Power had earlier said it is evaluating a foray into hydro, battery storage and nuclear energy as part of a long-term diversification plan.

The company had said it recognises nuclear energy as a clean, reliable round-the-clock power source and a key enabler of the country's energy transition.

The listing marks an important inflection point for Vedanta Power as a focused, independent business built on a strong operational foundation and positioned to support India's rapidly growing energy demand, the company said in the statement.

Backed by a clear growth roadmap, Vedanta Power is focused on enhancing operational excellence, expanding capacity and building a long-term power platform for India.

The company plans to scale its capacity to 20 GW, with the long-term ambition to be among the top-three private-sector power companies in the country.

As part of this journey, Vedanta Power expects to commission the second 600 MW unit at its Sakti plant in the second half of FY27 and increase total capacity to 12 GW by FY33.

With a total thermal power capacity of 4,780 MW, the company supplies power to discoms nationwide through long-term partnerships, while supporting emerging grid requirements, according to its website.