Notable progress in commitment to transition-critical minerals, energy, and technology

Launched Asia’s first low-carbon ‘green’ zinc, EcoZen, with 75% lower carbon footprint as compared to the global average
Industry-leading return on equity of 73% and return on capital employed of 58%, the highest ever since the underground transition
Hindmetal Exploration Services Pvt Ltd secured Category-A Exploration Agency accreditation from the National Accreditation Board for Education and Training (NABET) under the QCI-NABET Scheme for Accreditation of Exploration Agencies in the Mineral Sector
Memorandum of Understanding (MoU) with VEXL Environ Projects to establish a pilot plant for utilising waste streams from smelting operations to recover saleable products
Partnership with AEsir Technologies as the preferred supplier of zinc to innovate battery storage space through nickel-zinc batteries

Highest-ever annual mined metal and refined metal production of 1,095 kt and 1,052 kt, respectively
Silver production of 687 tonnes - 20x growth in the last two decades
4-year lowest zinc cost of production at US$ 1,052 per tonne - 6% better YoY
Crossed 13 Mnt of metal reserves for the first time since underground transition - 3x growth compared to FY2020 on a net of production basis
Highest-ever domestic zinc sales of 603 kt with a market share of c.77%
Highest-ever share of value-added product portfolio of c.22%, including 10 kt production from the zinc alloy plant
Attained average MSME payment cycle of 20 days - 56% better than the statutory requirement

Achieved 55% reduction in total recordable injury frequency rate (TRIFR) as compared to the base year of FY2020
Trained India’s 2^nd All Women Underground Mine Rescue Team at Rampura Agucha Mine, following the success of the first
Established All Women Surface Rescue Safety Teams of 30 women employees, fully equipped and trained in critical areas
Our rescue teams volunteered and successfully saved 15 trapped individuals and contained a 900kg chlorine toner leak at two different critical missions

Second best-ever financial performance:
- Revenue ₹ 34,083 crore - 18%
- EBITDA ₹ 17,465 crore - up 28% with industry-leading EBITDA margin of c.51%, 400 bps
- Profit after tax ₹ 10,353 crore - 33%
Generated strong free cash flow from operations (pre-growth capex) of ₹ 10,857 crore
Dividend payout of ₹ 12,253 crore, and contribution to exchequer of ₹ 18,963 crore - 44%
Increased free float by 3.13% on the back of two offers for sale by the Group and the Government of India
Ranked 3^rd in the Nifty Metal Index based on a market capitalisation of ₹ 1.95 lakh crore
Delivered total shareholder returns of c.68% (₹ 198.50 per share) during the year - 13x of Nifty 50 returns and 7x of Nifty Metal returns
Included in Futures & Options segment on National Stock Exchange effective from March 28, 2025

Signed a round-the-clock power delivery agreement (PDA III) with Serentica, taking the renewable energy capacity to 530 MW, equivalent to 70% of our total power requirement by FY2028; the first flow of power commenced in May 2024, taking the solar energy utilisation to c.13%
Published the first Climate Action Report in the Indian metals and mining sector in alignment with International Financial Reporting Standards (IFRS) S2 - Climate-related Disclosure Framework
Launched India’s first AI-based Digital Integrated Report with Gen-AI chatbot “Zincky”, hosted on a renewable energy powered server
Commissioned a 4,000 KLD water treatment plant at Rampura Agucha Mine
Rajpura Dariba received the Scope-1 Water Positive certification as per the NITI Aayog framework

Benefited c.2.3 million lives across 2,362 villages through c.50 initiatives across seven verticals, with a total CSR spend of ₹ 273.45 crore
Completed 1,969 Nand Ghars in Rajasthan, taking total to over 8,000 at the Vedanta Group level
Benefited 132 villages with 4.74 lakh people through constant efforts towards community assets upgradatio