• Real estate demerger: Vedanta plans to demerge its surplus land parcels via a 9–12 month NCLT process to unlock an estimated $3 billion in value from assets currently valued at slightly over ₹1,000 crore. The group is also targeting an overall EBITDA of $10 billion for the current year.
• Debt reduction roadmap: The group targets deleveraging by approximately ₹20,000 crore ($2.2 billion) in the current fiscal year. Following the corporate demerger, roughly $1.2 billion of the total $6 billion Indian entity debt will remain at Vedanta Limited, with the largest remaining share allocated to Vedanta Aluminium.
• Aluminium segment outlook: Operational costs are projected to drop from $1,800 toward $1,700 and below, driven by the expansion of the Lanjigarh refinery to 4–4.5 million tonnes and the startup of the Sijimali bauxite mine. Aluminium prices are expected to hold and consolidate over the next 3 to 6 months.
• Fiscal capex guidance: The group has guided for a total capex of approximately ₹23,000 crore ($2.5 billion) across its Indian businesses in the current fiscal year. Allocation priorities include about $650 million for aluminium, roughly $500 million for zinc, and $350 million for oil and gas.