Vedanta Taps Arun Misra as New CEO Amid Strong Q1 Earnings

Vedanta Limited has appointed Arun Misra as its new Chief Executive Officer (CEO), effective August 1. Misra currently heads Vedanta's subsidiary Hindustan Zinc and will serve a one-year term.

The appointment comes at a time when the company is reporting strong financial results, driven by favorable global commodity price trends. For the quarter ending June 2026, Vedanta reported a consolidated net profit of ₹5,473 crore, marking a 72% increase compared to the previous year.

Revenue from operations grew 51% to ₹23,456 crore during the same period. The company's financial performance was bolstered by robust pricing in its core segments, particularly zinc and copper. However, raw material costs increased 37%, pushing total expenses to ₹17,558 crore.