Vedanta Limited, India’s leading diversified natural resources company, has reported a contribution of ₹62,722 crore to the national exchequer in FY26, according to its 11th Tax Transparency Report. The contribution, one of the highest in the company’s history, represents approximately 36% of consolidated revenue from operations, underscoring its role in supporting India’s fiscal framework and economic development.
With this latest contribution, Vedanta’s cumulative payments to the exchequer over the past decade have reached ₹4,83,034 crore, reinforcing its position among India’s top private-sector contributors to government revenues. The company stated that its tax contributions reflect a sustained commitment to fiscal discipline, governance transparency and national development priorities.
The FY26 contribution increased by 13.3% year-on-year, supported by the company’s strongest-ever financial performance. Revenue rose 15% to ₹1,74,075 crore, while EBITDA increased 29% to ₹55,976 crore. Profit after tax stood at ₹25,096 crore, marking a 22% rise. The balance sheet also strengthened, with net debt to EBITDA improving to 0.95x, compared with 1.22x in the previous year.
Performance during the year was driven by strong operational output across Vedanta’s diversified portfolio, including zinc-lead-silver, aluminium, copper, iron ore, steel, power, nickel, chrome and oil and gas businesses. Zinc remained the largest contributor to government payments at ₹19,053 crore, followed by aluminium at ₹15,788 crore and oil & gas at ₹11,697 crore, reflecting the scale and diversification of the group’s operations.
The Tax Transparency Report provides a detailed breakdown of Vedanta’s FY26 contributions. Indirect taxes accounted for ₹21,777 crore, including GST components across business units. Government royalties and profit petroleum amounted to ₹14,840 crore, covering payments to multiple state governments and the Government of India under production-sharing arrangements. Other taxes borne totalled ₹11,897 crore, including customs duties, oil cess, electricity duty and ineligible GST. Corporate income taxes stood at ₹8,290 crore, while withholding taxes amounted to ₹3,188 crore. In addition, dividends of ₹1,180 crore were paid to the Government of India through its stake in Hindustan Zinc Limited.
Tax transparency remains a central pillar of Vedanta’s environmental, social and governance framework. The company has voluntarily published its tax transparency disclosures for 11 consecutive years, aligning its practices with global standards including the B-Team Responsible Tax Principles and the Extractive Industries Transparency Initiative.
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is a leading global metals, mining, energy, and technology company with operations across India, Africa, the Middle East, and Asia. The company’s portfolio includes Zinc (world’s largest integrated producer), Silver (fourth largest globally), Aluminium (India’s largest primary producer), Oil & Gas (India’s largest private crude oil producer), Nickel (sole Indian producer), Copper, Iron Ore, Steel, Lead, Power, and Glass Substrate.
Committed to environmental, social, and governance (ESG) excellence, Vedanta targets net-zero emissions by 2050 or earlier. The company is certified as a Great Place to Work and recognized as a Kincentric Best Employer. Vedanta Limited is publicly traded on the Bombay Stock Exchange and National Stock Exchange of India.
