Bhubaneswar: Vedanta Limited, India’s leading diversified natural resources company, has contributed ₹62,722 crore in FY26 to the exchequer as per the company’s 11th Tax Transparency Report.
The report reinforces Vedanta’s steadfast commitment to nation-building and transparent governance. The contribution represents 36% of the company’s consolidated revenue from operations, playing a pivotal role in India’s economic development.
This marks a 13.3% increase in contributions compared to the previous year, bringing Vedanta’s cumulative contribution to the exchequer over the past ten years to ₹4,83,034 crore. The company has demonstrated unwavering focus on fiscal discipline, nation-building, and support for the Viksit Bharat mission. The Group ranks among India’s top 3* private-sector contributors to the national exchequer.
This contribution to the exchequer was on the back of Vedanta’s historic-best financial performance in FY26. Revenue grew 15%to ₹1,74,075 crore – the highest in the company’s history – while EBITDA grew 29% to ₹55,976 crore and Profit After Tax (PAT) rose 22% to ₹25,096 crore. The balance sheet strengthened significantly, with Net Debt to EBITDA improving to 0.95x from 1.22x – its best level in 14 quarters.
The strong financial performance was driven by robust operational performance across Vedanta’s diversified portfolio spanning zinc-lead-silver, aluminium, copper, iron ore, steel, power, nickel, chrome and oil and gas.
Zinc remained the largest contributor at ₹19,053 crore, followed by Aluminium (now listed as Vedanta Aluminium) at ₹15,788 crore and Oil & Gas (now listed as Vedanta Oil & Gas) at ₹11,697 crore – a reflection of the breadth and diversification of Vedanta’s portfolio across critical minerals and energy.
Key Highlights from the Vedanta Ltd Tax Transparency Report:
The 11th edition of the report offers a comprehensive breakdown of Vedanta’s tax contributions for FY 2025-26:
Government Royalties & Profit Petroleum (₹14,840 crore): Includes royalties paid to state governments of Rajasthan, Odisha, Gujarat, Andhra Pradesh, Chhattisgarh, Goa, Karnataka and Assam for bauxite, lead-zinc, silver, iron ore, crude oil and natural gas, as well as profit petroleum paid to the Government of India under Production Sharing Contracts
Taxes on Income and Capital (₹8,290 crore): Comprising corporate income taxes as filed in statutory returns across all jurisdictions
Other Taxes Borne (₹11,897 crore): Including duties on export and import of ₹5,980 crore, oil cess/NCCD of ₹2,503 crore, electricity duty of ₹1,252 crore and ineligible GST of ₹1,663 crore
Indirect Taxes (₹21,777 crore): Including CGST, SGST and IGST from the sale of goods and services across all business units
Withholding Taxes (₹3,188 crore): Comprising payroll taxes and taxes deducted at source on vendor and contractor payments
Corporate Dividends to Government of India (₹1,180 crore): Paid through the Government of India’s 27.92% stake in Hindustan Zinc Limited
Tax transparency forms a core component of Vedanta’s broader Environmental, Social, and Governance (ESG) agenda. Through its voluntary and proactive disclosures – maintained for eleven consecutive years – the company aims to foster stakeholder confidence and uphold the highest standards of corporate governance. Vedanta’s tax principles are closely aligned with the B-Team Responsible Tax Principles and the Extractive Industries Transparency Initiative (EITI), reinforcing its commitment to responsible corporate citizenship.
