• Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • Vedanta Aluminium Q2 FY27 Results: Revenue Rises 41% to ₹22,066 Crore

    Vedanta Aluminium Q2 FY27

    Mumbai: Vedanta Aluminium Q2 FY27 results showed a strong financial and operational performance, with profit after tax (PAT) more than doubling year-on-year to ₹6,187 crore.

    Revenue increased 41% YoY to ₹22,066 crore, while EBITDA rose 83% YoY to ₹10,192 crore, resulting in an EBITDA margin of around 46%.

    Vedanta Aluminium Q2 FY27 performance was announced by Vedanta Aluminium Metal Limited (BSE: 544780 & NSE: VAML), India’s largest aluminium producer, as part of its unaudited financial results for the quarter and half year ended September 30, 2026.

    Vedanta Aluminium Q2 FY27 Revenue, EBITDA and Profit

    Revenue increased to ₹22,066 crore during the quarter, marking a 41% year-on-year increase. The growth was supported by higher volumes and an improved marketing mix.

    EBITDA stood at ₹10,192 crore, registering an 83% YoY increase. The company reported an EBITDA margin of approximately 46%.

    Profit after tax stood at ₹6,187 crore, more than doubling year-on-year, with a 105% increase.

    The Vedanta Aluminium Q2 FY27 results also reflected an improvement in the company’s balance sheet during the quarter.

    Vedanta Aluminium Reduces Net Debt by ₹3,090 Crore

    Vedanta Aluminium strengthened its balance sheet by reducing net debt by ₹3,090 crore quarter-on-quarter during Q2 FY27.

    Net Debt/EBITDA improved to 0.7x from 0.9x in Q1 FY27.

    The company’s credit profile was also validated during the quarter. India Ratings upgraded Vedanta Aluminium’s credit rating to AA+ (Stable), while ICRA and CRISIL reaffirmed their respective ratings.

    Vedanta Aluminium Q2 FY27 Production

    Operational performance was another key component of the Vedanta Aluminium Q2 FY27 results.

    The company achieved its highest-ever quarterly aluminium production of 649 KT, representing a 3% increase quarter-on-quarter and a 5% increase year-on-year.

    Value-added production reached a record 432 KT, rising 31% YoY. Alumina production also reached a quarterly high of 895 KT, increasing 37% YoY.

    Rajesh Kumar, Whole-Time Director & CEO, Vedanta Aluminium, said, “Our performance this quarter reflects the momentum in scaling VAML into a globally competitive aluminium business.

    The operationalisation of the second zone of BALCO’s expansion, alongside progress on securing our bauxite resources, reinforces the foundation of our integrated value chain.

    Our focus remains on disciplined execution, cost competitiveness, and an expanding portfolio of value-added products, enabling us to create stakeholder value and meet the growing demand for aluminium.”

    Commenting on the Vedanta Aluminium Q2 FY27 performance, Anup Agarwal, CFO, Vedanta Aluminium, said, “We sustained our earnings momentum in Q2, with revenue of INR 22,066 crore, EBITDA of INR 10,192 crore, and PAT of INR 6,187 crore.

    Importantly, disciplined cash generation and capital management enabled us to reduce net debt by INR 3,090 crore during Q2, improving Net Debt/EBITDA to 0.7x.

    With a healthy balance sheet and continued progress across growth and integration projects, we remain well positioned to fund our priorities while maintaining financial discipline.”

    Also Read: KFIL Q2 FY27: Revenue Rises 17% YoY to ₹2,047 Crore, PBT Up 15% to ₹138 Crore

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

    Back to top