Vedanta Aluminium Posts Rs 6,187 Crore Net Profit in Q2FY27
Vedanta Aluminium reported a net profit of Rs 6,187 crore for the second quarter of FY27, a 105% rise year-on-year, according to results reported by scanx.trade on 31 October 2026. The figure underlines sustained momentum in India's primary aluminium segment at a time when capital investment across the broader metals sub-sector is accelerating.
Vedanta Limited already features prominently in the project pipeline tracked by Projects India. The company is the promoter behind two large upstream investments currently under approvals: an alumina refinery project in Rayagada, Odisha, valued at Rs 50,537 crore, and an aluminium smelter plant project in Dhenkanal, Odisha, valued at Rs 128,000 crore. Those two projects alone represent a substantial share of the investment being planned in India's aluminium value chain.
Vedanta's Upstream Project Pipeline
| Project | Promoter | Location | Value | Stage |
|---|---|---|---|---|
| Alumina Refinery Project | Vedanta Limited | Rayagada, Odisha | Rs 50,537 crore | Under Approvals |
| Aluminium Smelter Plant Project | Vedanta Limited | Dhenkanal, Odisha | Rs 128,000 crore | Under Approvals |
Both projects remain at the Under Approvals stage. Suppliers and contractors tracking Vedanta's expansion plans can find further context in Projects India's earlier coverage of Vedanta's $25 billion expansion plan and the proposed Rs 80,000 crore power and aluminium plan in West Bengal.
Broader Sub-Sector: 47 Live Projects Tracked
Projects India currently tracks 47 live projects in the aluminium, copper, zinc and related metals sub-sector across India. Six projects were added to the database in the last 90 days, indicating a steady flow of new investment decisions entering the pipeline.
The stage breakdown of tracked projects shows that 14 are at the Construction Started stage, meaning procurement and contracting activity is already under way at those sites. A further 13 are Under Approvals, and five have received approvals but have not yet moved to construction. Four projects are at the Nearly Completion stage, and four have been recorded as completed. Three have been cancelled.
This distribution suggests that a meaningful volume of work is either already being tendered or will transition to active procurement in the near term, particularly among the 13 projects still moving through the approvals process.
Geography: Odisha Dominates, Five Other States Active
Odisha accounts for 13 of the 47 tracked projects, the highest concentration of any state. Karnataka follows with six projects, while Gujarat, Maharashtra, Rajasthan and Uttar Pradesh each host four or five projects. This geographic spread reflects both the availability of bauxite and coal resources in eastern India and the presence of established industrial clusters in the west and south.
Notable projects currently tracked beyond Vedanta's own pipeline include the National Aluminium Company Limited's aluminium smelter project in Srikakulam, Andhra Pradesh, valued at Rs 18,000 crore and currently Under Approvals, and the Aditya Birla Group's alumina refinery project in Rayagada, Odisha, valued at Rs 8,000 crore, also Under Approvals. At the construction end, a galvanised coated and zinc-aluminium wires manufacturing project in Sundargarh, Odisha, promoted by Shri Mahavir Ferro Alloys Private Limited, is valued at Rs 105 crore and has started construction, as has an aluminium cable and wire manufacturing plant in Angul, Odisha, promoted by Mogli Labs India Private Limited, valued at Rs 65 crore.
The full list of aluminium, copper and zinc projects tracked in India is available on the Projects India platform.
Selected Tracked Projects Across the Sub-Sector
| Project | Promoter | Location | Value | Stage |
|---|---|---|---|---|
| Aluminium Smelter Project | National Aluminium Company Limited | Srikakulam, Andhra Pradesh | Rs 18,000 crore | Under Approvals |
| Alumina Refinery Project | Aditya Birla Group | Rayagada, Odisha | Rs 8,000 crore | Under Approvals |
| Galvanised Coated & Zinc-Aluminium Wires Mfg Project | Shri Mahavir Ferro Alloys Private Limited | Sundargarh, Odisha | Rs 105 crore | Construction Started |
| Aluminium Cable and Wire Mfg Plant | Mogli Labs India Private Limited | Angul, Odisha | Rs 65 crore | Construction Started |
| Aluminium Product Mfg Project | Scs Constructions India Private Limited | Angul, Odisha | Rs 150 crore | Approvals Received |
| Aluminium Raw Material Mfg Unit | Metalco Extrusions Global LLP | Tumkur, Karnataka | Rs 29 crore | Nearly Completion |
What this means for suppliers and contractors
Vedanta Aluminium's strong Q2FY27 profit result is a financial indicator, not a direct procurement signal in itself. However, it sits alongside the company's two large upstream projects — the Rs 50,537 crore Rayagada alumina refinery and the Rs 128,000 crore Dhenkanal smelter — both of which remain at the Under Approvals stage. Movement through approvals at either site would represent a significant procurement opportunity for civil contractors, equipment suppliers and engineering firms.
More immediately, the 14 projects at the Construction Started stage across the sub-sector represent active sites where procurement decisions are being made now. Odisha, with 13 tracked projects, is the state where supplier presence is most likely to yield opportunities, followed by Karnataka and Gujarat. Suppliers focused on wire and cable manufacturing, refractory materials, pot-lining, alumina handling systems and associated civil works should monitor both the construction-stage sites and the 13 projects working through approvals.
There are currently no open India tenders recorded in the Industrial Projects sector on the Projects India platform. Suppliers can monitor the live tenders page and the broader Industrial Projects sector overview for updates as projects advance.
Frequently asked questions
What was Vedanta Aluminium's net profit in Q2FY27?
Vedanta Aluminium reported a net profit of Rs 6,187 crore in Q2FY27, representing a 105% year-on-year increase, according to results reported by scanx.trade on 31 October 2026.
How many aluminium projects are currently tracked in India?
Projects India tracks 47 live projects in the aluminium, copper, zinc and related metals sub-sector across India, with six projects added in the last 90 days. Odisha has the highest concentration with 13 tracked projects.
What large Vedanta projects are in the pipeline in India?
Projects India tracks two major Vedanta projects currently Under Approvals: an alumina refinery in Rayagada, Odisha, valued at Rs 50,537 crore, and an aluminium smelter plant in Dhenkanal, Odisha, valued at Rs 128,000 crore.
Which Indian states have the most aluminium sector projects?
Odisha leads with 13 tracked projects, followed by Karnataka with six, and Gujarat, Maharashtra, Rajasthan and Uttar Pradesh each with four or five projects, based on Projects India's current database of 47 live projects in the sub-sector.


