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Sarda Energy & Minerals Reports Highest-Ever Quarterly EBITDA and Net Profit in Q1 FY27

Posted On : 2026-08-02 19:42:34( TIMEZONE : IST )

Vertically integrated steel and power manufacturer Sarda Energy & Minerals Limited (BSE: 504614 | NSE: SARDAEN) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered a resilient operating performance despite facing brief temporary operational disruptions during the quarter. Driven by disciplined operational execution and the strength of its integrated business model, Sarda Energy & Minerals set new quarterly benchmarks by recording its highest-ever EBITDA and Profit After Tax (PAT).

Quarterly Financial Trajectory

Q1 FY27 Performance vs. Year-Ago Period (YoY)

Total Income: Remained steady at ₹1,717 crore, compared to ₹1,713 crore in Q1 FY26, representing a marginal growth of 0.2%.

EBITDA: Advanced 9.4% YoY to reach a record ₹762 crore, up from ₹697 crore in the corresponding quarter of the previous year.

Profit After Tax (PAT): Reached a record ₹478 crore, expanding 9.4% YoY from ₹437 crore in Q1 FY26.

Cash Profit: Rose 11.0% YoY to ₹712 crore against ₹642 crore in Q1 FY26. (Cash profit is computed as PAT + Deferred Tax + Depreciation).

Q1 FY27 Performance vs. Sequential Quarter (QoQ)

Sequentially, the company posted sharp multi-fold expansions across top-line and profitability metrics relative to the preceding quarter ended March 31, 2026 (Q4 FY26):

Total Income: Expanded 36.4% QoQ from ₹1,258 crore in Q4 FY26.

EBITDA: Surged 116.4% QoQ from ₹352 crore in Q4 FY26.

Profit After Tax (PAT): Increased by 208.0% QoQ compared to ₹155 crore reported in Q4 FY26.

Cash Profit: Climbed 120.8% QoQ from ₹323 crore in Q4 FY26.

One-Time Regulatory Gain Boosts Net Profit

The record net profit for Q1 FY27 includes a one-time net financial benefit worth ₹110 crore. This exceptional gain follows the formal regulatory approval of the final project cost for the company's 113 MW Sikkim Hydropower Plant.

Full-Year Context (FY26 vs. FY25)

The robust start to FY27 builds on the strong consolidated base established during the preceding financial year ended March 31, 2026 (FY26):

Total Income: Expanded 23.1% YoY to ₹5,928 crore in FY26 compared to ₹4,815 crore in FY25.

EBITDA: Rose 43.7% YoY to ₹2,025 crore in FY26 from ₹1,409 crore in FY25.

Profit After Tax (PAT): Jumped 58.0% YoY to ₹1,109 crore in FY26, up from ₹702 crore in FY25.

Cash Profit: Climbed 51.6% YoY to ₹1,818 crore in FY26 compared to ₹1,199 crore in FY25.

Commenting on the results, Mr. Pankaj Sarda, Managing Director, said: "Q1 FY27 demonstrated the resilience of our integrated business model and disciplined execution. Despite temporary operational disruptions arising from planned maintenance activities, select unplanned outages and seasonal factors, we delivered a 9.4% YoY growth in consolidated EBITDA in Q1 FY27. The energy business continued to drive growth, contributing nearly 70% of consolidated EBITDA. We also reported our highest-ever quarterly PAT of Rs. 478 crore, partly supported by the tariff true-up relating to our 113 MW Sikkim hydropower plant.

Backed by a net debt-free balance sheet, prudent capital allocation and healthy cash generation, we are confident in our ability to scale our operations by quadrupling our mining capacity and doubling our energy generation capacity over the medium term.

With the temporary operational disruptions behind us, we expect to return to our normal operating trajectory from Q2 FY27 while continuing to focus on operational excellence and creating sustainable long-term value for all our stakeholders."