Vedanta (BUE:VEDL) Operating Income: ARS4,266,855.44 Mil (TTM As of Jun. 2026)

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What is Vedanta Operating Income?

Vedanta BUE:VEDL 63 Operating Income is ARS4,266,855.44 Mil as of Jun. 2026. GuruFocus rates BUE:VEDL with a GF Score™ of 63/100. The stock has 5 warning signs investors should review.

Vedanta's Operating Income for the three months ended in Jun. 2026 was ARS1,140,070.85 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ARS4,266,855.44 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vedanta's Operating Income for the three months ended in Jun. 2026 was ARS1,140,070.85 Mil. Vedanta's Revenue for the three months ended in Jun. 2026 was ARS3,658,708.68 Mil. Therefore, Vedanta's Operating Margin % for the quarter that ended in Jun. 2026 was 31.16%.

Good Sign:

Vedanta Ltd operating margin is expanding. Margin expansion is usually a good sign.

Vedanta's 5-Year average Growth Rate for Operating Margin % was 0.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vedanta's annualized ROC % for the quarter that ended in Jun. 2026 was 11.11%. Vedanta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 40.14%.


Vedanta  (BUE:VEDL) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Vedanta's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=4560283.38 * ( 1 - 26.36% )/( (30219371.524 + 0)/ 1 )
=3358192.681032/30219371.524
=11.11 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=35135468.922 - 2495709.554 - ( 2420387.844 - max(0, 21231382.458 - 28027208.463+2420387.844))
=30219371.524

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Vedanta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4898451.884/( ( (6113110.021 + max(6089910.934, 0)) + (0 + max(0, 0)) )/ 1 )
=4898451.884/( ( 12203020.955 + 0 )/ 1 )
=4898451.884/12203020.955
=40.14 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(196589.664 + 815583.481 + 24605493.8) - (2495709.554 + 0 + 17032046.457)
=6089910.934

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Vedanta's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=1140070.845/3658708.681
=31.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Vedanta Operating Income Related Terms


Vedanta Operating Income Historical Data

* Premium members only.

The historical data trend for Vedanta's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vedanta Operating Income Chart

Vedanta Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 507,479.72 583,165.91 2,519,541.95 1,791,115.23 2,786,451.36

Vedanta Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 436,866.52 1,311,402.24 877,325.77 938,056.58 1,140,070.85

Vedanta Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS4,266,855.44 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ARS4,266,855.44 Mil mean?
Vedanta (BUE:VEDL) has a Operating Income of ARS4,266,855.44 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vedanta and its competitors.
Is Vedanta's Operating Income too high?
Vedanta's current Operating Income is ARS4,266,855.44 Mil. Overall, Vedanta has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta's Operating Income compare to competitors?
Vedanta's Operating Income of ARS4,266,855.44 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Metals & Mining company?
A good Operating Income depends on the Metals & Mining industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vedanta and its competitors. Vedanta's current Operating Income is ARS4,266,855.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta stock overvalued right now?
Vedanta (BUE:VEDL) has a current Operating Income of ARS4,266,855.44 Mil. The current Operating Income is ARS4,266,855.44 Mil. Vedanta's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Vedanta (BUE:VEDL), the current Operating Income is ARS4,266,855.44 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vedanta Business Description

Other Exchanges VEDL:India500295:India
Address Lodhi Road, Core-6, 3rd Floor, Scope Complex 7, New Delhi, MH, IND, 110 003
Vedanta Ltd is a diversified natural resource Group engaged in exploring, extracting and processing minerals. The Group engages in the exploration, production and sale of zinc, lead, silver, copper, iron ore and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and UAE. The Group is also in the business of commercial power generation, powercables, steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. The Group's reportable segments are copper, power, Zinc India, Zinc international, and others. It generates majority of revenue from Zinc India. It has presence in India, Europe, Saudi Arabia, China, The United States of America, Mexico, and Others of which majority of revenue is from India.