Results - Announcements
Sarda Energy & Minerals Ltd share price declined by 3.53% to Rs 440.9 after the company's net profit tanked by 34.35% to Rs 303.83 crore, while revenue from operations slipped 10.46% to Rs 1423.23 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.4 lakh crore, gaining 7.71%. It has improved by 2.06% over last one week and softened by 6.40% in last one month while the market capitalization of Sarda Energy & Minerals Ltd has softened by 0.59% and 14.58% in the same period respectively.
Profit before tax (PBT) of Sarda Energy & Minerals Ltd stood at Rs 414.96 crore in Q3 FY26, slipping 3.69% year-on-year, and plunging by 32.49% quarter-on-quarter. EBITDA came in at Rs 461 crore, rising 3.90% YoY and crashing by 15.43% sequentially.
Total expenses slightly declined by 1.04% to Rs 1032.52 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 658.48 crore, posting a minor increase of 0.85% YoY, while employee benefits expense was at Rs 57.19 crore, seeing a marginal contraction of 1.74% YoY.
For the TTM ended FY26, revenue from operations soared by 22.56% to Rs 5643.76 crore, while net profit jumped 56.09% to Rs 1063.3 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 113333% to Rs 1550.34 crore, and PBT surged 57.94% to Rs 1449.49 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1734.84 crore in FY26, as against Rs 885.71 crore in FY25.
Sarda Energy & Minerals Ltd nosedived by 17.82% in last one year, underperforming the benchmark BSE Sensex which has reduced by 11.78% during the same period.