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In his address to stakeholders in the group's annual report, Agarwal said the company is at an inflection point, supported by a record financial year, strong cost leadership, and plans to unlock value through its ongoing demerger exercise, which is nearing completion. He also underscored the importance of the group's strategic realignment, focus on vertical integration, and growing role in India's infrastructure buildout and energy transition.
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VEDANTA CHAIRMAN BATS FOR TRANSFORMATION AMID RECORD FY25 PERFORMANCE, DEMERGER PUSH
INTRODUCTION Mining conglomerate Vedanta Ltd chairman Anil Agarwal has unveiled a transformation roadmap, positioning the company as a global leader in transition metals, critical minerals, energy, and technology under its next growth phase, dubbed 'Vedanta 2.0'.
In his address to stakeholders in the group's annual report, Agarwal said the company is at an inflection point, supported by a record financial year, strong cost leadership, and plans to unlock value through its ongoing demerger exercise, which is nearing completion. He also underscored the importance of the group's strategic realignment, focus on vertical integration, and growing role in India's infrastructure buildout and energy transition.
"FY 2024-25 stands out as a year of strong performance for Vedanta. We delivered our highest-ever revenue of Rs 1,50,725 crore, while our EBITDA jumped 19 per cent to Rs 43,541 crore, delivering industry-leading margins of 34 per cent - all achieved in a challenging environment," he said in his letter to stakeholders.
In summary Also highlighting the importance of the company's focus on driving operational excellence across the group, Agarwal said, "Our aluminium and zinc operations maintained their industry-leading cost positions, ranking in the top quartile and decile, respectively, of the global cost curve. Zinc International, Iron Ore, and Steel businesses also delivered robust improvements, reinforcing Vedanta's leadership across multiple sectors."