July 29, 2026

Vedanta Oil and Gas Limited (VOGL) reports strong performance in its first quarter financial results, as a listed entity

Q1FY27 Highlights:
• Revenue grows 9% YoY at ₹ 2,507 crore
• 16% growth in EBITDA QoQ at ₹ 1,232 crore
• Profit After Tax including discontinued operations stands at ₹ 945 crore
• Average gross operated production stood at 77.7 kboepd
• Exploration success with gas discovery in Kaam BCP-1ST well in Kameshwari–Graben in Rajasthan’s Barmer Basin

Mumbai, 29 July 2026: Vedanta Oil and Gas Limited (BSE: 544782 | NSE: VOGL), India’s leading private oil and gas exploration and production company, announced its financial results for the first quarter ended 30 June 2026. The company reported revenue growth of 9% YoY at ₹ 2,507 crores in Q1 FY27. EBITDA stood at ₹ 1,232 crores – up 16% QoQ, as Profit After Tax (PAT) including discontinued operation stood at ₹ 945 crores, reflecting a strong financial foundation and disciplined execution.

The company reported an average gross operated production of 77.7 kboepd across its assets, while the average working interest production stood at 51.1 kboepd. At the end of the first quarter, total gross oil and gas production reached 7.1 million boe, while total working interest production stood at 4.7 million boe.

The company has notified a Gas discovery in the Kaam BCP-1ST well, drilled as part of the Deep Gas exploration campaign in the Kameshwari-Graben area of the RJ-ON-90/1 block in the Barmer Basin in Rajasthan. It will be undertaking detailed technical and commercial evaluationsof the discovery.

Speaking on the performance, Jim Johnny Gast, Interim CEO and Whole Time Director – Vedanta Oil and Gas Limited said, “Q1FY27 marked a defining milestone in our journey with the company’s listing on the BSE and NSE. The quarter’s performance reflects the resilience of our business and our focus on operational excellence, exploration success with Deep Gas discovery, and disciplined capital allocation. As we advance a strong pipeline of near and medium-term growth opportunities including exploration drilling, enhanced oil recovery (ASP), and infill development campaigns aimed at arresting decline and enhancing production and resources, we remain well positioned to drive sustainable growth and create long-term value for all stakeholders.”

The company’s strong EBITDA and revenue growth, and healthy PAT, reflects its solid fundamentals and continued commitment to optimising operations and enhancing efficiency for long-term sustainable growth.

Consolidated Financial Performance:

ParticularsQ1 FY27Q4 FY26Q1 FY26QoQ (%)YoY (%)
Revenue2,5072,5842,303(3%)9%
EBITDA1,2321,0571,27216%(3%)
PAT (from Continued and
Discontinued Operations)		945(480)(104)

 

Arpit Mundra, Chief Financial Officer – Vedanta Oil and Gas Limited said, “We delivered a strong Q1 FY27 performance, driven by favourable commodity prices, healthy realizations, and strong operational discipline. Our focus on cost efficiency and value maximization enabled us to translate a supportive pricing environment into strong financials, while continuing to invest in future growth.”

The Rajasthan block, the most prolific production asset operated by the company, recorded an average daily gross operated production of 63.1 kboepd during the quarter. Average daily working interest production from KG-ONN 2003/1 stood at 0.5 kboepd, and assets acquired under the Open Acreage Licensing Programme (OALP) contributed 3.1 kboepd.

The company holds interests in 44 blocks spanning over 47,000 sq km across India, with resources of 1.4 bnboe. Its producing assets are located across the Rajasthan, Andhra Pradesh, Gujarat, and Assam basins, supported by technology-led exploration, advanced subsurface expertise, and world-class engineering capabilities.

Please note that the results presentation is available in the Investor Relations section of the company Website on Investor Relations – Vedanta Oil and Gas.
Investor Relations – Vedanta Oil and Gas.

About Vedanta Oil and Gas
Vedanta Oil and Gas (BSE: 544782 | NSE: VOGL) is India’s leading private sector oil and gas exploration and production company, unlocking the nation’s hydrocarbon potential to strengthen energy security. Operating under the brand ‘Cairn’, the company holds interests in 44 blocks spanning over 47,000 sqkm of acreage across India, with gross 2P (proved plus probable) and 2C (contingent) resources of 1.4 bnboe.
Its producing assets span key hydrocarbon basins in Rajasthan, Andhra Pradesh, Gujarat, and Assam, supported by technology-led exploration, advanced subsurface expertise, and world-class engineering capabilities. With a diverse portfolio of conventional and unconventional resources and a strong pipeline of upcoming growth projects, Vedanta Oil & Gas aims to significantly expand domestic production towards India’s energy security and economic growth. The company is committed to achieving Net Zero, advancing responsible energy development while creating sustainable value for the nation, communities, and shareholders.

For more information, visit: www.vedantaoilandgas.com

Vedanta Oil and Gas Limited

9th Floor, Tower A1,
DLF – World Tech Park, Silokhera,
Sector 30, Gurgaon – 122002

www.vedantaoilandgas.com

Registered Office:

Regd. Office: 1st Floor, C’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (East), Mumbai – 400 093

CIN: U06100MH2001PLC428719

Disclaimer
This press release contains “forward looking statements” – that is, statements related to future, not past, events. In this context, forward looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward–looking statements by their nature address matters that
are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and crude oil and gas markets including fluctuations in interest and or exchange rates and crude and gas prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

For Investor enquiries, please contact:

Mr. Charanjit Singh,

Group Head – Investor Relations

Vedanta Oil and Gas Limited

charanjit.singh@vedanta.co.in

For any media queries, please contact:

Shivanjali Singh

Chief Corporate Communications Officer

Vedanta Oil and Gas Limited

shivanjali.singh@cairnindia.com