Vedanta Aluminium Metal Limited Releases Audited Financials for FY 2026; Reports Net Losses

Vedanta Aluminium Metal Limited Releases Audited Financials for FY 2026; Reports Net Losses​

Vedanta Aluminium Metal Limited (VAML) has released its audited financial statements and associated reports for the fiscal year ended March 31, 2026. The comprehensive results indicate a net loss following operations during the period, although the company's capital structure details and internal controls were certified as adequate by the auditors.

The release includes the Balance Sheet, Statement of Profit and Loss, Statement of Changes in Equity, and Cash Flows for the financial year 2025-26.

Financial Performance Snapshot (FY 2026)​

Financial data shows that the company registered a net loss after tax of 3.66 Lakhs in the year ended March 31, 2026. This compares to a net loss of 2.85 Lakhs reported for the previous financial year ending March 31, 2025.

Operational figures showed that VAML registered no revenue from operations during the fiscal year. Total expenses amounted to 3.66 Lakhs in 2026, compared to 2.85 Lakhs in 2025. The company's total comprehensive income for the period stood at (3.66) Lakhs.

A summary of key financial metrics is provided below:

Balance Sheet and Financial Standing​

As of March 31, 2026, the company recorded Total Assets amounting to 1.90 Lakhs, an increase from 1.46 Lakhs in the preceding year. The total equity position stood at (7.41) Lakhs, down from (3.75) Lakhs as of March 31, 2025.

The company’s borrowing profile shows that Total Borrowings amounted to 6.23 Lakhs, up from 3.89 Lakhs in the previous year. Financial liabilities included an outstanding amount of 1.19 Lakhs for micro and small enterprise dues (including unbilled), up from 0.81 Lakhs previously.

Key financial figures related to debt management include:

• Total Borrowings: Increased to 6.23 Lakhs in March 2026, compared to 3.89 Lakhs in March 2025.
• Net Debt (Calculated): Reduced to 5.56 Lakhs as of March 31, 2026, down from 7.09 Lakhs recorded as Total financial liabilities at that date.

The company also reported Net Cash generated from operating activities amounting to (2.42) Lakhs for the year ending March 31, 2026.

Auditor’s Opinion and Controls Assessment​

Haribhakti & Co. LLP, Chartered Accountants, conducted an audit of the financial statements. In its opinion, the audited financial statements give a true and fair view in conformity with Indian Accounting Standards (Ind AS) of the state of affairs of the company as at March 31, 2026.

Regarding internal controls, the auditor confirmed that the Company has adequate internal financial controls with reference to financial statements, and these controls were operating effectively as at March 31, 2026. The audit reports also noted that no material uncertainty was found regarding the company's ability to meet its existing liabilities within one year from the balance sheet date.

The notes of the financial statements detail various management policies, including adherence to accrual methods and historical cost convention for preparation. The company confirmed it is not exposed to interest rate risk as all short-term and long-term borrowings are at fixed interest rates.

VAML Stock Price Movement​

Vedanta Aluminium Metal Limited (VAML) shares slipped by 5.00% today to close at ₹471.11, as the stock tumbled from its previous close of ₹495.90. The decline was significant, with the equity falling by ₹24.79 and hitting a low that marks a 52-week trough for the Metals & Mining company.