Vedanta plans a $20 billion expansion over three years, restructuring into four entities: Vedanta Aluminium, oil and gas, power, and iron and steel.
Several global consulting firms have expressed interest in implementing the projects, and the final selection will be made soon. The expansion will enhance metals, mining, and hydrocarbons operations. The demerger process, expected by September-end, aims to transition Vedanta from asset management to ownership, consolidating its asset base. Vedanta reported a consolidated net profit of ₹23,483 crore for Q1 2025, up from ₹1,369 crore the previous year, driven by reduced costs and increased volume. The company’s income rose to ₹141,216 crore from ₹136,093 crore in the same period last year.