Vedanta’s Decade-Long Contribution to India’s Exchequer Touches ₹4.83 Lakh Crore

Bokaro: Mining and metals major Vedanta Limited has strengthened its position among India’s biggest corporate taxpayers by contributing ₹62,722 crore to the national exchequer in FY2025-26, marking its second-highest annual contribution ever. According to the company’s 11th Tax Transparency Report, the amount represents 36% of its total annual revenue and reflects a 13.3% year-on-year increase.

With this, Vedanta’s cumulative contribution to the national exchequer over the past decade has climbed to ₹4,83,034 crore (around ₹5 lakh crore), reaffirming its role as one of the country’s top three private-sector contributors. The company said the payments underscore its commitment to transparent governance, fiscal discipline and the vision of ‘Viksit Bharat’.

A decade of contributing to India’s growth story.

Vedanta’s FY26 Tax Transparency Report highlights our contribution of ₹62,722 crore to the national exchequer in FY26, taking our cumulative contribution over the last decade to nearly ₹5 lakh crore.

For 11 consecutive years,… pic.twitter.com/vWxzflktkT

— Vedanta Group (@Vedanta_Group) June 26, 2026

The record tax contribution was backed by Vedanta’s strongest-ever financial performance. During FY26, the company posted its highest annual revenue of ₹1,74,075 crore, up 15% from the previous year, while EBITDA surged 29% to ₹55,976 crore and Profit After Tax rose 22% to ₹25,096 crore. The balance sheet also strengthened significantly, with its net debt-to-EBITDA ratio improving to 0.95x, the best level in the last 14 quarters.

Vedanta’s diversified portfolio continued to drive growth across zinc, lead, silver, aluminium, copper, iron ore, steel, power, nickel, chrome, and oil & gas businesses. Among business segments, zinc emerged as the largest contributor to the exchequer at ₹19,053 crore, followed by Vedanta Aluminium at ₹15,788 crore and Vedanta Oil & Gas at ₹11,697 crore, highlighting the company’s expanding presence in India’s critical minerals and energy sectors.

The report states that the company’s FY26 contribution included ₹14,840 crore in government royalties and profit petroleum, ₹8,290 crore in income and capital taxes, ₹21,777 crore in indirect taxes, ₹11,897 crore under other levies such as customs duties, oil cess, electricity duty and ineligible GST, ₹3,188 crore in withholding taxes, and ₹1,180 crore in dividend paid to the Government of India on its stake in Hindustan Zinc Limited.

Vedanta noted that tax transparency remains a cornerstone of its Environmental, Social and Governance (ESG) strategy. The company has voluntarily published its Tax Transparency Report for 11 consecutive years, aligning its disclosures with globally recognised standards, including the B-Team Responsible Tax Principles and the Extractive Industries Transparency Initiative (EITI), to promote responsible corporate governance and stakeholder trust.