Vedanta FY26 exchequer contribution at ₹62,722 crore, decade total nears ₹4.83 lakh crore

Vedanta Limited contributed ₹62,722 crore to the national exchequer in FY26, taking its cumulative payments over the past 10 years to ₹4,83,034 crore, according to its 11th Tax Transparency Report. The company’s FY26 payout rose 13.3% year-on-year, placing it among the largest private-sector contributors to government revenues in India.

The FY26 contribution was equivalent to around 36% of the company’s consolidated revenue from operations, reflecting the scale of statutory outflows from its mining, metals and oil & gas businesses across central and state levies.

Record earnings lift tax contribution

The higher exchequer payout came alongside Vedanta’s strongest financial performance on record. Revenue increased 15% to ₹1,74,075 crore, EBITDA rose 29% to ₹55,976 crore, and profit after tax grew 22% to ₹25,096 crore.

The company’s balance sheet also strengthened, with net debt-to-EBITDA improving to 0.95x from 1.22x, marking a 14-quarter high in deleveraging.

Operational performance across zinc-lead-silver, aluminium, oil & gas, iron ore and other segments supported both earnings growth and higher statutory payments.

Among business segments, zinc contributed ₹19,053 crore to the exchequer, followed by aluminium at ₹15,788 crore and oil & gas at ₹11,697 crore. Together, these accounted for the majority of Vedanta’s FY26 statutory outgo.

Breakdown of FY26 tax outgo

The total FY26 contribution included ₹21,777 crore in indirect taxes (CGST, SGST and IGST), ₹14,840 crore in royalties and profit petroleum, ₹11,897 crore in other levies such as duties and cess, ₹8,290 crore in corporate income and capital taxes, ₹3,188 crore in withholding taxes, and ₹1,180 crore in dividends routed to the government via its stake in Hindustan Zinc.

Royalties were paid across multiple states including Rajasthan, Odisha, Gujarat, Andhra Pradesh, Chhattisgarh, Goa, Karnataka and Assam.

Decade-long transparency disclosure

Vedanta said this is the 11th consecutive year of publishing its Tax Transparency Report, which provides a breakdown of statutory contributions across jurisdictions and business units. The reporting framework is aligned with the B-Team Responsible Tax Principles and the Extractive Industries Transparency Initiative (EITI).

A company spokesperson said: “The report details ₹62,722 crore contributed in FY26 and ₹4,83,034 crore over the past decade across taxes, royalties and other statutory levies.”

Vedanta said it ranks among the top three private-sector contributors to the national exchequer, based on cumulative statutory payments disclosed over the period.