Q4FY22 Quarterly Result Announced for Vedanta Ltd.
Aluminium company Vedanta announced Q4FY22 results: QFY22: Record consolidated quarterly revenue of Rs 39,342 crore, up 41% YoY Highest ever quarterly EBITDA of Rs 13,768 crore, up 51% YoY PAT (before exceptional and one-time tax credit) of Rs 7,570 crore, up 48% YoY Net Debt at Rs 20,979 crore, declined by Rs 6,590 crore since December 31, 2021 FY22: All-time high consolidated revenue of Rs 131,192 crore, up 51% YoY Highest ever annual EBITDA of Rs 45,319 crore, up 66% YoY Robust Industry leading EBITDA margin of 39% PAT (before exceptional and one-time tax credit) of Rs 24,299 crore, up 95% YoY Free cash flow before capex Rs 27,154 crore, up 69% YoY Strong double-digit ROCE at c.30%, 1.6 times YoY Net Debt/EBITDA at 0.5x lowest in 5 years; net debt to equity at 0.25x Strong liquidity position with total cash and cash equivalent at Rs 32,130 crore Record dividend payout of Rs 45/share; ~14% dividend yield Credit rating upgrade by both CRISIL and India Rating to AA with stable outlook Mr Sunil Duggal, Chief Executive Officer, Vedanta, said “I am delighted to share record operational and financial performance for FY22. We have delivered historical best EBITDA of Rs 45,319 crore and PAT (before exceptional and one-time tax credit) of Rs 24,299 crore. This reflects our relentless focus on volume growth and operational efficiency, underpinned by structural integration and technology adoption. The strong free cash flow (pre capex) of Rs 27,154 crore has allowed us to reinvest for growth, further strengthen our balance sheet and continue our attractive dividend pay-out. As a part of our ESG Journey, we have signed an agreement for 580 MW renewable power distribution which brings us one step closer towards becoming a Net Zero Carbon organization. As we leap forward, we are committed to make Vedanta stronger through growth, vertical integration, operational efficiencies and renewed ESG purpose.” Result PDF28-04-2022
