Aluminium & Aluminium Products company Vedanta announced Q4FY23 & FY23 results: Q4FY23: Revenue of Rs 37,225 crore, up 10% QoQ EBITDA of Rs 9,362 crore, up 32% QoQ with an EBITDA margin of 29% Profit after tax of Rs 3,132 crore, up 1% QoQ Generated robust Free cash flow (pre-capex) of Rs 7,211 crore, up 11% QoQ Declared interim dividend of Rs 33/share in Q4FY23 FY23: All time high consolidated revenue of Rs 1,45,404 crore, up 11% YoY 2nd highest ever annual EBITDA of Rs 35,241 crore with an EBITDA margin of 28% Record Free cash flow (pre-capex) of Rs 28,068 crore, up 3% Continue to maintain a strong double-digit return on capital employed at 21% Net Debt/EBITDA of ~1.28x, maintained within capital allocation framework Highest ever contribution to exchequer ~Rs 74,000 crore in FY23 Proactive commodity hedging for risk management, recorded Rs 3,088 crore gain Historic high shareholder returns declared interim dividend of Rs 101.5 per share Continue to maintain healthy cash and cash equivalents of Rs 20,922 crore on 31st Mar 2023 Sunil Duggal, Chief Executive Officer, Vedanta, said “Our commitment to operational excellence has helped us deliver record performance across our key businesses. We have delivered the highest-ever free cash flow (pre-capex) of Rs 28,068 crore, enabling us to reinvest for business growth and provide our valued shareholders with attractive dividends. Our progress on ESG transformation has been recognized by leading rating agencies, making it a remarkable year for us. We finalized 1868 MW renewable power delivery agreements which brings us one step closer to becoming carbon neutral by 2050 or sooner. Going ahead, we remain committed to operational excellence, shareholder value creation, and transforming for good.” Result PDF