Total employment generation
tCO2e in avoided emissions from FY 2020-21 baseline
Zinc India
Zinc International
Oil and Gas
In today’s ever-evolving world, where transformation is key, we understand the imperative to continuously transform for good and invest in tomorrow to outperform. Join me as I unveil our vision for the next phase of growth, building a Stronger Vedanta – a value-focussed, future-ready, and purpose-driven institution that will stand the test of time.
Anil Agarwal
Anil Agarwal
Vedanta delivered an outstanding-performance in FY 2023-24. We achieved-record production across key businesses led by a consistent focus on operational excellence. Financial results were equally impressive with the second-best annual revenue and EBITDA, and strong margins even in a challenging commodity market led by cost optimisation efforts. The year also saw us complete various capex projects, embark upon strategic initiatives and advance sustainability efforts. Headed into the future, Vedanta is on a stronger footing, ready to seize new opportunities and secure predictable long-term growth, aligned with the interests of the nation and the stakeholders.
Amidst dynamic markets, Vedanta delivered outstanding financial results driven by a commitment to operational excellence, continued cost optimisation, disciplined capital allocation and liabilities management. These efforts fuelled growth and margin expansion while fortifying our financial framework, business resilience and long-term sustainability. we remain on track to meeting our priorities of delivery, deleveraging and demerger in FY 2024-25 to maximise growth, profitability and value creation for stakeholders.
Non-Executive Chairman
Executive Vice Chairman
Non-Executive Non‑Independent Director
Non-Executive Independent Director
Non-Executive Independent Director
Non-Executive Independent Director
Non-Executive Independent Director
Executive Director
We ensure a positive impact on the financial capital and create value over time through strategic efforts in optimising capital allocation, deleveraging and strengthening the balance sheet and ensuring cash-generative operations.
Our collective knowledge, skills and resources are key to ensuring optimal and sustainable operations and driving our value creation.
We invest in our portfolio of high-quality assets to meet dynamic market demands. Our commitment extends to acquiring cutting-edge equipment for elevated operational efficiency, safety performance and stable cash flows.
Best-ever mined metal production
2% Y-O-YHighest-ever refined zinc-lead production
We continuously strive to engage and maintain relationships based on mutual respect and benefit with our stakeholders.
Nand Ghars built
Total CSR beneficiaries
* including Direct+Indirect Beneficiaries
We own world-class mining assets in India and Africa, endowed with abundant natural resources and reserves (R&R), giving us long-term visibility to sustain operations.
Combined R&R
Zinc-Lead metal R&R
ASSET OVERVIEW
KEY PERFORMANCE INDICATORS
* Excluding power business
VALUE CREATION MODEL
Trust
Entrepreneurship
Innovation
Excellence
Integrity
Care
Respect
Financial Capital
Exploration
Asset development
Extraction
Processing
Value addition and marketing
Manufactured Capital
Exploration
Asset development
Extraction
Processing
Value addition and marketing
Intellectual Capital
Exploration
Asset development
Extraction
Processing
Value addition and marketing
Human
Capital
Exploration
Asset development
Extraction
Processing
Value addition and marketing
Social & Relationship Capital
Exploration
Asset development
Extraction
Processing
Value addition and marketing
Natural Capital
Resources consumed (in million):
GHG Emissions:
Exploration
Asset development
Extraction
Processing
Value addition and marketing
Enhancing Capacity and Economic Impact - Gamsberg Concentrator Phase 2
Read More
India’s First All-Women Mining Rescue Team: Pioneering Safety Initiatives
Read More
STRATEGIC PRIORITIES AND UPDATE
Operating sustainably and responsibly is key to our success. Focussed on this, we ensure embedding ESG into all aspects of business and have set vision of “Transforming for Good” which encompasses transforming communities, transforming the planet, and transforming the workplace. Through pioneering efforts in these areas, we aim to positively impact stakeholders, minimise environmental impact and progress towards zero harm, zero discharge and zero waste.
Expansion in R&R base, being key to our long-term growth ambitions, we continually engage in targeted and disciplined exploration programmes. Through deploying best technologies, making sustained investments and ensuring dedicated efforts by exploration teams to discover mineral and oil deposits safely and responsibly, we ensure the replenishment of our resources.
Our large, well-diversified, low-cost and long-life asset portfolio offers attractive expansion opportunities. We continue to explore brownfield opportunities within our existing portfolio, striving to grow operations both organically and inorganically. We employ a prudent approach and rigorously evaluate these opportunities to ensure they meet our internal rate of return criteria and support our objective stakeholder value-creation.
Balance sheet integrity is key to ensuring financial stability and long-term success in a dynamic environment. Through a focus on enhancing operational cashflows, stringent capital discipline of investing in high IRR projects and proactive liability management, we continue to strengthen our balance sheet. To maximise shareholder returns, we undertake evaluating all investments (organic and acquisitions) as per our stringent capital allocation framework.
Achieving all-round operational excellence is central to our objective of achieving benchmarked performance. Through efforts like debottlenecking assets to enhance production, investing in advanced digital and technology solutions and adopting best practices, we set new benchmarks in operational efficiency. We also focus on enhancing profitability through ongoing cost optimisation and improving realisations with prudent marketing strategies.
2% Y-O-Y
