Quarterly results for Sarda Energy & Minerals Ltd-$
Sarda Energy & Minerals Ltd. – Q1 FY26 Results Summary
Announcement Date: 2 August 2025
Financial Highlights (₹ Crore):
- Standalone:
- Revenue: ₹1,307.09 Cr (↑98% YoY, ↑29% QoQ)
- Net Profit: ₹386.05 Cr (↑113% YoY, ↑235% QoQ)
- EPS: ₹10.96 (vs ₹5.14 in Q1 FY25)
- Consolidated:
- Revenue: ₹1,633.11 Cr (↑76% YoY, ↑32% QoQ)
- Net Profit: ₹423.07 Cr (↑118% YoY, ↑348% QoQ)
- EPS: ₹12.33 (vs ₹5.64 in Q1 FY25)
Margins:
- EBITDA and exact margins not explicitly stated; implied strong profitability growth given PBT and net profit increases.
Balance Sheet / Corporate Actions:
- Completed acquisition and amalgamation of SKS Power Generation (Chhattisgarh) Limited effective 1 Sept 2024; included in Q4 FY25 and Q1 FY26 results.
- Board approved proposal to raise up to ₹1,000 Cr via debt instruments, subject to shareholder approval.
- Governance updates include re-appointments of key directors and appointment of new President & Plant Head for IPP.
- Amendments to Articles of Association to allow lender nominee directors upon default and increase director age limit.
Segment Performance (Consolidated Q1 FY26):
- Power: ₹939.52 Cr revenue, ₹427.79 Cr PBT (significant growth driven by SKS acquisition)
- Steel: ₹485.99 Cr revenue, ₹98.24 Cr PBT (stable/moderate growth)
- Ferro Alloys: ₹388.64 Cr revenue, ₹52.78 Cr PBT (moderate growth)
Management Commentary:
- Results prepared under Ind AS 34; previous periods restated for comparability.
- Other income includes interest, LLP profits, and mark-to-market investment gains.
- Standalone current tax nil in Q1 FY26; consolidated current tax ₹5.40 Cr.
- Dividend record date fixed for FY25 dividend on 22 August 2025.
Auditor’s Note:
- Limited review by Singhi & Co. with unmodified opinion; no qualifications or concerns.
Outlook / Guidance:
- No explicit forward guidance provided.
- Emphasis on monitoring SKS acquisition integration and debt raising progress.
This summary captures key financial and operational developments for investment analysis purposes.
Note: This is an AI generated summary of the results. There may be inaccuracies in the summary. Please refer to the original document before making investment decisions.