Vedanta Power Ltd delivered a strong financial recovery in the second quarter of FY27, moving into profit as higher electricity sales and improved operational efficiency lifted its performance. The power firm reported a net profit of Rs 83 crore for Q2 FY27, reversing a loss of Rs 423 crore in the preceding quarter. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) margin also improved, rising to 14.5 per cent from 11.2 per cent in the previous quarter.
\n\nRevenue for the July-September quarter climbed 11.5 per cent sequentially to Rs 2,908 crore, compared with Rs 2,607 crore in the April-June period. EBITDA increased 44.7 per cent to Rs 421 crore from Rs 291 crore, highlighting an improvement in the company's operating performance.
\n\nVedanta Power also recorded positive earnings per share (EPS) for the first time, marking another milestone in its financial recovery.
\n\nVedanta Power Revenue And EBITDA Record Strong Growth
\n\nThe company's Q2 performance reflected improvements in both revenue generation and profitability. Revenue rose by Rs 301 crore over the previous quarter, while EBITDA increased by Rs 130 crore during the same period.
\n\nThe expansion in EBITDA margin from 11.2 per cent to 14.5 per cent indicates that the company…
Original source: https://www.timesnownews.com/business-economy
