Business

Anil Agarwal Pledges to Donate 75% of Wealth After Son’s Death


Vedanta Group Chairman Anil Agarwal has made an emotional and historic announcement, pledging to donate 75% of his personal wealth to society following the tragic death of his son, Agnivesh Agarwal, who passed away after suffering a sudden cardiac arrest.

In a deeply moving statement, Agarwal said the decision stems from a promise he made to his son. “I had promised my son that I would return a substantial portion of whatever I earned to society. I will live simply for the rest of my life,” he said, adding that no words can capture the pain of losing a child.

“No words can describe the pain of a parent who must bid goodbye to his child. He was my friend, my pride, my world,” Agarwal wrote, expressing the depth of his grief and the bond he shared with Agnivesh.

According to Forbes, Anil Agarwal’s net worth is estimated at $4.2 billion, or approximately ₹35,000 crore. His pledge places him among a growing group of Indian industrialists committing the majority of their wealth to philanthropy, education, healthcare, and social upliftment.

Industry observers say the announcement marks a powerful moment in Indian corporate philanthropy, reinforcing the idea that wealth carries responsibility beyond business success. Agarwal’s decision reflects a shift toward legacy-driven leadership, where impact on society becomes as important as financial achievement.

As India’s business landscape evolves, Anil Agarwal’s pledge stands as a reminder that personal loss can inspire profound acts of generosity—turning grief into a mission to serve millions.

Business

Vedanta Q1FY26 Results: Profit Surges to ₹5,000 Cr, Records Highest-Ever Q1 EBITDA of ₹10,746 Cr


Mumbai, July 31, 2025: Vedanta Limited (BSE: 500295 | NSE: VEDL) reported a stellar Q1 performance for FY26, showcasing a 13% year-on-year (YoY) increase in profit after tax (adjusted) to ₹5,000 crore, driven by robust production growth, cost discipline, and operational excellence.

The company posted its highest-ever first-quarter EBITDA at ₹10,746 crore, up 5% YoY. EBITDA margin also improved by 81 bps YoY to 35% — the highest in the last 13 quarters.


📊 Financial Highlights

MetricQ1 FY26Q1 FY25% YoY Change
Revenue from Operations₹37,434 Cr₹35,239 Cr+6%
EBITDA₹10,746 Cr₹10,275 Cr+5%
Adjusted PAT₹5,000 Cr₹4,433 Cr+13%
Reported PAT₹4,457 Cr₹5,095 Cr-13%
EBITDA Margin (Ex-Copper)35%34%+81 bps

🏭 Operational Highlights

  • Alumina production: 587 KT, up 9% YoY
  • Zinc India: Highest ever Q1 mined metal production at 265 KT
  • Zinc International: 50% YoY increase in production
  • Ferrochrome production: Up 35% YoY
  • Copper cathode output: Up 119% YoY
  • Power sales: Up 33% QoQ
  • Merchant power capacity: Reached 3.83 GW after commissioning 950 MW

💬 Leadership Commentary

Anil Agarwal, Chairman, Vedanta:

“Our Q1 performance has set a strong foundation for the year ahead. We achieved the lowest cost in hot metal and zinc production and ramped up alumina and power capacities. Looking forward, our expansion projects will further fuel our momentum.”

Ajay Goel, CFO, Vedanta:

“With ₹10,746 Cr EBITDA and a PAT of ₹5,000 Cr, Vedanta has delivered resilient financials. Our debt cost reduced by 130 bps, and our liquidity position remains strong with ₹22,137 Cr in reserves.”


🌱 ESG Milestones

  • Hindustan Zinc ranked in top 1% globally in S&P Sustainability Yearbook 2025
  • Renewable Energy PDAs: 1,906 MW
  • Gender Diversity: 22% (vs 20% YoY)
  • Tree Plantation: 0.5 million trees this quarter (3.5M total so far)
  • Water Recycling Rate: 48%
  • CSR Impact: ₹94 Cr spent, impacting over 2 million lives

💸 Strong Balance Sheet

  • Net Debt/EBITDA: 1.3x
  • Cash & Equivalents: ₹22,137 Cr (+33% YoY)
  • Credit Ratings: AA by both CRISIL & ICRA
  • Interim Dividend: ₹7/share

📖 For full financials and ESG details, visit allycaral.com
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