Vedanta Iron And Steel Reports Q1 Production Highlights, Sees Highest-Ever Pig Iron Output
Vedanta Iron And Steel Limited has released its production figures for the first quarter ended June 30, 2026. The company reported a rise in saleable steel production and recorded record-high pigment iron output from its Goa plant.The performance figures reflect the integrated operations of Vedanta Iron And Steel Limited (VISL) as they stand at the end of the first quarter of FY2027, following its demerger from Vedanta Limited.
Key Production Highlights
During Q1FY27, VISL saw several operational improvements across its primary segments:- Steel: Saleable production increased 4% year over year (YoY) and by 2% quarter over quarter (QoQ), reaching 582 kilotonnes (KT).
- Pig Iron: The Goa pig iron plant recorded its highest ever production at 291 KT, marking an 8% increase on a YoY basis.
- Iron Ore: Overall saleable ore production increased by 4% YoY to 2.6 Million DMT (Dry Metric Tonnes).
Iron Ore Production Status
The company's iron ore mining operations showed mixed performance across different regions.| Particulars | Q1 FY27 (Current) | Q1 FY26 | % Change |
|---|---|---|---|
| Total Saleable Ore (Mn DMT) | 2.6 | 2.5 | 4% |
| Goa (Mn DMT) | 0.6 | 0.2 | 166% |
| Karnataka (Mn DMT) | 0.9 | 1.6 | -46% |
| Odisha (Mn DMT) | 1.2 | 0.7 | 59% |
The operations in Goa showed significant growth, with production rising 166% YoY due to the ramp up of mining and processing capacity. Saleable ore production in Odisha also recorded strong growth, increasing by 59% YoY. Karnataka saw a decline in its share of saleable ore production for the quarter.
Steel Production Breakdown
The company's steel manufacturing segment demonstrated robust performance, particularly in pig iron and billet production.| Particulars | Q1 FY27 (Current) | Q1 FY26 | % Change |
|---|---|---|---|
| Saleable Production (In '000 tonnes) | 582 | 562 | 4% |
| Hot Metal (In '000 tonnes) | 601 | 583 | 3% |
| Pig Iron (In '000 tonnes) | 291 | 269 | 8% |
| Billets (In '000 tonnes) | 20 | 6 | 234% |
Detailed production figures for the first quarter are provided below:
| Segment | Q1 FY27 | Q1 FY26 | % Change |
|---|---|---|---|
| Hot Metal | 601 '000 tonnes | 583 '000 tonnes | 3% |
| Bokaro | 363 '000 tonnes | 370 '000 tonnes | -2% |
| Goa | 238 '000 tonnes | 213 '000 tonnes | 12% |
| Saleable Production | 582 '000 tonnes | 562 '000 tonnes | 4% |
| Pig Iron | 291 '000 tonnes | 269 '000 tonnes | 8% |
| Billets | 20 '000 tonnes | 6 '000 tonnes | 234% |
| TMT Bar | 132 '000 tonnes | 135 '000 tonnes | -2% |
| Wire Rod | 109 '000 tonnes | 110 '000 tonnes | 0% |
| Ductile Iron Pipes | 30 '000 tonnes | 41 '000 tonnes | -28% |
Company Overview
Vedanta Iron And Steel Limited, with NSE Scrip Code VISL and BSE Scrip Code 544784, is a fully integrated Iron and Steel Company. Built on a mining legacy spanning over 70 years, the company operates across India and Africa through businesses including Sesa Iron Ore, ESL Steel, and Western Cluster Limited. The diversified portfolio includes iron ore, steel, pig iron, TMT bars, wire rods, DI pipes, ferro-silicon, cement, and metallurgical coke.VISL Stock Price Movement
Shares of Vedanta Iron and Steel Limited slipped on Friday after shedding 4.99% to settle at ₹40.52. Despite setting a high-water mark, the equity finished trading amidst significant volatility, with the stock declining following an intraday peak that reached the yearly high and registering 285.56 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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